Data / Crowdfunding / Pennsylvania / FarmFan LLC
FarmFan LLC: crowdfunding raise on Honeycomb Portal LLC, $100,000 to $494,000 (2023)
FarmFan LLC, a limited liability company in Pittsburgh, PA, filed a Form C with the SEC on February 10, 2023 to raise $100,000 to $494,000 in debt through Honeycomb Portal LLC. The offering closed on March 16, 2023. In its most recent fiscal year it reported $30,981,254 in revenue and a net loss of $606,404, with 40 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
- harvie.farm
- Funding portal
- Honeycomb Portal LLC
- Address
- 700 RIVER AVENUE, Pittsburgh, PA 15212
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- January 30, 2015
- SEC CIK
- 0001955540
Offering terms
From the amendment filed February 10, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $100,000
- Maximum
- $494,000
- Deadline
- March 16, 2023
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed April 18, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $30,981,254 | $30,273,401 | sec.gov |
| Cost of goods sold | $28,860,079 | $28,176,555 | sec.gov |
| Net income | $-606,404 | $286,119 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $568,475 | $503,745 | sec.gov |
| Cash | $430,858 | $403,925 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $179,099 | $20,313 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 18, 2023 | Progress update | $100,000 | $494,000 | March 16, 2023 | Total raised $127,075 | sec.gov |
| February 10, 2023 | Amendment | $100,000 | $494,000 | March 16, 2023 | Update to Use of Funds | sec.gov |
| January 30, 2023 | Offering | $100,000 | $494,000 | March 16, 2023 | sec.gov | |
| January 9, 2023 | Progress update | $25,000 | $124,000 | January 9, 2023 | Total raised $124,000 | sec.gov |
| November 23, 2022 | Offering | $25,000 | $124,000 | January 9, 2023 | sec.gov |
Updated April 18, 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.