Data / Crowdfunding / Fanchise League Co LLC
Fanchise League Co LLC: crowdfunding raise on First Democracy VC, $50,000 to $1,070,000 (2017)
Fanchise League Co LLC, a company, filed a Form C with the SEC on December 22, 2017 to raise $50,000 to $1,070,000 in SAFT (Simple Agreement for Future Tokens) through First Democracy VC. The offering closed on January 2, 2018. In its most recent fiscal year it reported $0 in revenue and $0 in net income.
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- Website
- www.fcfl.io
- Funding portal
- First Democracy VC
- SEC CIK
- 0001724453
Offering terms
From the amendment filed December 22, 2017.
- Security
- SAFT (Simple Agreement for Future Tokens)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- January 2, 2018
- Portal compensation
- 7.0%
Financials
From the Form C-U filed January 12, 2018.
| 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 |
|---|---|---|---|---|---|---|
| April 30, 2018 | Withdrawal | Not listed | Not listed | sec.gov | ||
| January 12, 2018 | Progress update | $50,000 | $1,070,000 | January 2, 2018 | The issuer raised approximately $248,380 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| December 22, 2017 | Amendment | $50,000 | $1,070,000 | January 2, 2018 | This Amendment is filed to add the Webinar Transcript (Exhibit G) and the Facebook Live Transcript (Exhibit H). | sec.gov |
| December 12, 2017 | Amendment | $50,000 | $1,070,000 | January 2, 2018 | Updating to include a question and answer video transcript. | sec.gov |
| December 11, 2017 | Offering | $50,000 | $1,070,000 | January 2, 2018 | sec.gov |
Updated April 30, 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.