Data / Crowdfunding / Texas / FC Sugar, LLC
FC Sugar, LLC: crowdfunding raise on NextSeed US LLC, $150,000 to $350,000 (2017)
FC Sugar, LLC, a limited liability company in Dallas, TX, filed a Form C with the SEC on October 25, 2017 to raise $150,000 to $350,000 in debt through NextSeed US LLC. The offering closed on January 15, 2018. In its most recent fiscal year it reported $0 in revenue and a net loss of $13,623, with 12 employees.
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- Website
- leelaswinebar.com
- Funding portal
- NextSeed US LLC
- Address
- 1914 GREENVILLE AVE, Dallas, TX 75206
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- June 8, 2017
- SEC CIK
- 0001719522
Offering terms
From the offering filed October 25, 2017.
- Security
- Debt
- Target
- $150,000
- Maximum
- $350,000
- Deadline
- January 15, 2018
- Portal compensation
- NextSeed charges a % of the total Offering Amount (10% if the Offering Amount is $250,000 or less and 9% if the Offering Amount is more than $250,000); provided NextSeed will only charge 5% of amount raised from investors that were introduced by the Issuer
Financials
From the Form C-AR/A filed April 8, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-13,623 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $258,539 | $0 | sec.gov |
| Cash | $93,328 | $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 |
|---|---|---|---|---|---|---|
| October 16, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 8, 2019 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| January 22, 2018 | Progress update | $150,000 | $350,000 | January 15, 2018 | Issuer raised $176,800. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower. | sec.gov |
| October 25, 2017 | Offering | $150,000 | $350,000 | January 15, 2018 | sec.gov |
Updated October 16, 2019. 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.