Data / Crowdfunding / Washington / FaveKitchens Inc.
FaveKitchens Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,998 (2022)
FaveKitchens Inc., a corporation in Seattle, WA, filed a Form C with the SEC on February 28, 2022 to raise $9,999 to $1,069,998 in common stock through StartEngine Capital, LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $278,543 in revenue and a net loss of $151,914, with 5 employees.
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- Website
- www.favekitchens.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1534 1ST AVE S, #400 #400, Seattle, WA 98134
- Legal form
- Corporation
- Jurisdiction
- WA
- Incorporated
- May 16, 2019
- SEC CIK
- 0001913230
Offering terms
From the offering filed February 28, 2022.
- Security
- Common Stock
- Price
- $2.02
- Target
- $9,999
- Maximum
- $1,069,998
- Deadline
- April 30, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed May 3, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $278,543 | $0 | sec.gov |
| Cost of goods sold | $112,151 | $0 | sec.gov |
| Net income | $-151,914 | $-10,052 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $727,545 | $466,604 | sec.gov |
| Cash | $230,339 | $453,104 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $785,000 | $465,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 3, 2022 | Progress update | $9,999 | $1,069,998 | April 30, 2022 | At the close of the offering, the issuer closed on $13,468.28 and 7,257 number of securities. | sec.gov |
| February 28, 2022 | Offering | $9,999 | $1,069,998 | April 30, 2022 | sec.gov |
Updated May 3, 2022. 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.