Data / Crowdfunding / Connecticut / Feel Good Lab LLC
Feel Good Lab LLC: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $869,998 (2021)
Feel Good Lab LLC, a limited liability company in Farmington, CT, filed a Form C with the SEC on April 29, 2021 to raise $10,000 to $869,998 in Membership Units through NetCapital Funding Portal Inc.. The offering closed on May 1, 2021. In its most recent fiscal year it reported $131,339 in revenue and a net loss of $423,846, with 4 employees.
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- Website
- www.thefeelgoodlab.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 400 FARMINGTON AVENUE R1848, Farmington, CT 06032
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- January 4, 2016
- SEC CIK
- 0001750939
Offering terms
From the amendment filed April 29, 2021.
- Security
- Membership Units
- Price
- $1.05
- Target
- $10,000
- Maximum
- $869,998
- Deadline
- May 1, 2021
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-AR filed April 28, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $131,339 | $112,546 | sec.gov |
| Cost of goods sold | $107,528 | $124,950 | sec.gov |
| Net income | $-423,846 | $-491,804 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $234,482 | $143,903 | sec.gov |
| Cash | $148,982 | $148,661 | sec.gov |
| Accounts receivable | $33,803 | $0 | sec.gov |
| Short-term debt | $70,000 | $0 | sec.gov |
| Long-term debt | $922,511 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 30, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| August 6, 2021 | Progress update | $10,000 | $869,998 | May 1, 2021 | End of offering. Issuer closed its offering with estimated gross proceeds of $628,116. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| April 29, 2021 | Amendment | $10,000 | $869,998 | May 1, 2021 | issuer extended the offering date. | sec.gov |
| March 29, 2021 | Amendment | $10,000 | $869,998 | April 30, 2021 | issuer extended the offering date. | sec.gov |
| March 5, 2021 | Amendment | $10,000 | $869,998 | April 1, 2021 | issuer extended the offering date. | sec.gov |
| March 1, 2021 | Amendment | $10,000 | $869,998 | March 8, 2021 | issuer extended the offering date. | sec.gov |
| February 23, 2021 | Amendment | $10,000 | $869,998 | March 1, 2021 | issuer extended the offering date. | sec.gov |
| February 1, 2021 | Amendment | $10,000 | $869,998 | February 23, 2021 | the issuer extended the offering date. | sec.gov |
| January 15, 2021 | Amendment | $10,000 | $869,998 | February 2, 2021 | issuer extended the offering date. | sec.gov |
| January 4, 2021 | Amendment | $10,000 | $869,998 | January 19, 2021 | issuer extended the offering date. | sec.gov |
| November 24, 2020 | Amendment | $10,000 | $869,998 | January 12, 2021 | the issuer lowered the number of securities offered via reg cf. the issuer initiated a side by side reg d 506 (c) offering. the issuer made changes to the use of proceeds section to account for these changes. | sec.gov |
| November 12, 2020 | Amendment | $10,000 | $1,069,999 | January 12, 2021 | isser made an edit to the financial condition disclosure. | sec.gov |
| November 12, 2020 | Offering | $10,000 | $1,069,999 | January 12, 2021 | sec.gov |
Updated November 30, 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.