Data / Crowdfunding / Maryland / Ethiopic, LLC
Ethiopic, LLC: crowdfunding raise on MainVest, Inc., $25,000 to $150,000 (2021)
Ethiopic, LLC, a limited liability company in Baltmore, MD, filed a Form C with the SEC on April 29, 2021 to raise $25,000 to $150,000 in debt through MainVest, Inc.. The offering closed on June 25, 2021. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 1 employees.
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- Website
- www.ethiopicrestaurant.com
- Funding portal
- MainVest, Inc.
- Address
- 1515-1519 W BALTIMORE ST, Baltmore, MD 21223
- Legal form
- Limited Liability Company
- Jurisdiction
- MD
- Incorporated
- August 1, 2019
- SEC CIK
- 0001859075
Offering terms
From the offering filed April 29, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $150,000
- Deadline
- June 25, 2021
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed June 28, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 28, 2021 | Progress update | $25,000 | $150,000 | June 25, 2021 | At the close of the offering, the issuer closed on $74,000. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| April 29, 2021 | Offering | $25,000 | $150,000 | June 25, 2021 | sec.gov |
Updated June 28, 2021. 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.