Data / Crowdfunding / Rhode Island / Feast & Fettle, Inc.
Feast & Fettle, Inc.: crowdfunding raise on First Democracy VC, $50,000 to $300,000 (2018)
Feast & Fettle, Inc., a corporation in East Providence, RI, filed a Form C with the SEC on November 1, 2018 to raise $50,000 to $300,000 in Crowd Note through First Democracy VC. The offering closed on November 19, 2018. In its most recent fiscal year it reported $442,071 in revenue and a net loss of $124,559, with 11 employees.
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- Website
- www.feastandfettle.com
- Funding portal
- First Democracy VC
- Address
- 881 WATERMAN AVE, East Providence, RI 02914
- Legal form
- Corporation
- Jurisdiction
- RI
- Incorporated
- September 21, 2015
- SEC CIK
- 0001748372
Offering terms
From the amendment filed November 1, 2018.
- Security
- Crowd Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $300,000
- Deadline
- November 19, 2018
- Portal compensation
- 6.5%
Financials
From the Form C-AR filed April 29, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $442,071 | $230,926 | sec.gov |
| Cost of goods sold | $182,516 | $78,538 | sec.gov |
| Net income | $-124,559 | $-14,235 | sec.gov |
| Taxes paid | $0 | $1,700 | sec.gov |
| Total assets | $366,326 | $6,860 | sec.gov |
| Cash | $75,216 | $1,086 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $97,507 | $0 | sec.gov |
| Long-term debt | $183,447 | $9,586 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 22, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| November 21, 2018 | Progress update | $50,000 | $300,000 | November 19, 2018 | $72,325.00. Payments are still being processed; final number is yet to be determined | sec.gov |
| November 1, 2018 | Amendment | $50,000 | $300,000 | November 19, 2018 | This Amendment was filed due to an officer of the Company making an investment during the Offering that resulted in greater than 10% of the total amount raised. The Company has also decided to extend the raise deadline until November 19, 2018. | sec.gov |
| October 4, 2018 | Progress update | $50,000 | $300,000 | October 1, 2018 | $68,195.00. Payments are still being processed; final number is yet to be determined. | sec.gov |
| August 2, 2018 | Offering | $50,000 | $300,000 | October 1, 2018 | sec.gov |
Updated January 22, 2020. 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.