Data / Crowdfunding / California / Feathered Serpent Brewery, LLC
Feathered Serpent Brewery, LLC: crowdfunding raise on MainVest, Inc., $50,000 to $124,000 (2023)
Feathered Serpent Brewery, LLC, a limited liability company in La Puente, CA, filed a Form C with the SEC on March 30, 2023 to raise $50,000 to $124,000 in debt through MainVest, Inc.. The offering closed on June 2, 2023. In its most recent fiscal year it reported $74,800 in revenue and a net loss of $38,562, with 2 employees.
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- Website
- www.featheredserpentbrewery.com
- Funding portal
- MainVest, Inc.
- Address
- 15834 MAIN ST, La Puente, CA 91744
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- April 10, 2018
- SEC CIK
- 0001970331
Offering terms
From the amendment filed March 30, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- June 2, 2023
- Portal compensation
- MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed June 5, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $74,800 | $28,593 | sec.gov |
| Cost of goods sold | $32,134 | $9,704 | sec.gov |
| Net income | $-38,562 | $-44,540 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $4,090 | $9,321 | sec.gov |
| Cash | $2,924 | $8,065 | sec.gov |
| Accounts receivable | $795 | $795 | sec.gov |
| Short-term debt | $8,191 | $8,551 | sec.gov |
| Long-term debt | $74,800 | $28,593 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 5, 2023 | Progress update | $50,000 | $124,000 | June 2, 2023 | At the close of the offering, the issuer closed on $59,300. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| March 30, 2023 | Amendment | $50,000 | $124,000 | June 2, 2023 | Issuer added a video to their investor pitch content. | sec.gov |
| March 30, 2023 | Offering | $50,000 | $124,000 | June 2, 2023 | sec.gov |
Updated June 5, 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.