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Data / Crowdfunding / Ohio / Escaping Ohio LLC

Escaping Ohio LLC: crowdfunding raise on Wefunder Portal LLC, $91,000 to $240,000 (2021)

Escaping Ohio LLC, a limited liability company in Akron, OH, filed a Form C with the SEC on August 2, 2021 to raise $91,000 to $240,000 in 100% of profits are paid to investors pro-rata until 120% (125% for Early Bird Investors) of principal investment is returned. Then, net profits are split 50/50 between investors and filmmakers. through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $0 in revenue and $59,741 in net income, with 2 employees.

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Website
www.escapingohio.com
Funding portal
Wefunder Portal LLC
Address
344 Dawn Drive, Akron, OH 44312
Legal form
Limited Liability Company
Jurisdiction
OH
Incorporated
April 17, 2021
SEC CIK
0001871449

Offering terms

From the offering filed August 2, 2021.

Security
100% of profits are paid to investors pro-rata until 120% (125% for Early Bird Investors) of principal investment is returned. Then, net profits are split 50/50 between investors and filmmakers.
Price
$1.00
Target
$91,000
Maximum
$240,000
Deadline
April 30, 2022
Portal compensation
<p>7.5% of the offering amount.</p>

Financials

From the Form C-AR filed May 1, 2023.

Most recent fiscal yearPrior fiscal yearSource
Revenue$0$0sec.gov
Cost of goods sold$55,831$64,304sec.gov
Net income$59,741$64,418sec.gov
Taxes paid$0$0sec.gov
Total assets$29,500$51,641sec.gov
Cash$3,711$18,561sec.gov
Accounts receivable$5,176$14,443sec.gov
Short-term debt$153,560$115,560sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
May 1, 2023Annual reportNot listedNot listedsec.gov
August 2, 2021Offering$91,000$240,000April 30, 2022sec.gov

All filings on sec.gov

Updated May 1, 2023. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.