Data / Crowdfunding / California / Fanchise League Co LLC FCF Team 3, LLC
Fanchise League Co LLC FCF Team 3, LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $100,000 (2022)
Fanchise League Co LLC FCF Team 3, LLC, a limited liability company in Hermosa Beach, CA, filed a Form C with the SEC on June 27, 2022 to raise $25,000 to $100,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on August 31, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $2,385.
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- Website
- www.fcf.io
- Funding portal
- OpenDeal Portal LLC
- Address
- 2629 MANHATTAN AVENUE 292, Hermosa Beach, CA 90254
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- September 29, 2020
- SEC CIK
- 0001836323
Offering terms
From the offering filed June 27, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- August 31, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed March 6, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $37,745 | sec.gov |
| Cost of goods sold | $0 | $21,686 | sec.gov |
| Net income | $-2,385 | $-207,327 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $49 | $49 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $148,764 | $152,274 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 6, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| August 23, 2022 | Withdrawal | Not listed | Not listed | sec.gov | ||
| June 27, 2022 | Offering | $25,000 | $100,000 | August 31, 2022 | sec.gov | |
| May 4, 2021 | Progress update | $25,000 | $565,000 | April 30, 2021 | The Offering was successful as of its deadline, April 30, 2021, having received investment commitments of $352,920 although a final accounting has not taken place. | sec.gov |
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| March 22, 2021 | Amendment | $25,000 | $565,000 | April 30, 2021 | Amendment filed to make the following material changes: raise max offering amount from $265,000 to $565,000, add a risk factor concerning the original Offering, replace financial statements with audited financial statements, replace Exhibit E | sec.gov |
| January 27, 2021 | Offering | $25,000 | $265,000 | April 30, 2021 | sec.gov |
Updated March 6, 2024. 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.