Data / Crowdfunding / Virginia / Evolution Spirit Brands LLC
Evolution Spirit Brands LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $750,000 (2018)
Evolution Spirit Brands LLC, a limited liability company in Chesapeake, VA, filed a Form C with the SEC on November 29, 2018 to raise $50,000 to $750,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on March 31, 2019. In its most recent fiscal year it reported $17,093 in revenue and a net loss of $21,152, with 1 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.nektarliqueur.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2016 Burson Drive, Chesapeake, VA 23323
- Legal form
- Limited Liability Company
- Jurisdiction
- VA
- Incorporated
- July 7, 2008
- SEC CIK
- 0001759621
Offering terms
From the offering filed November 29, 2018.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $750,000
- Deadline
- March 31, 2019
- Portal compensation
- 5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed November 29, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $17,093 | $32,126 | sec.gov |
| Cost of goods sold | $34,715 | $58,577 | sec.gov |
| Net income | $-21,152 | $-42,144 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $77,418 | $93,491 | sec.gov |
| Cash | $100 | $100 | sec.gov |
| Accounts receivable | $0 | $103 | sec.gov |
| Short-term debt | $21,112 | $16,033 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 29, 2018 | Offering | $50,000 | $750,000 | March 31, 2019 | sec.gov |
Updated November 29, 2018. 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.