Data / Crowdfunding / Florida / Flat Out of Heels
Flat Out of Heels: crowdfunding raise on StartEngine Capital, LLC, $9,994 to $249,991 (2021)
Flat Out of Heels, a limited liability company in Miami Beach, FL, filed a Form C with the SEC on May 19, 2021 to raise $9,994 to $249,991 in Class B Non-Voting Units through StartEngine Capital, LLC. The offering closed on October 5, 2021. In its most recent fiscal year it reported $13,492 in revenue and $22,766 in net income, with 2 employees.
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- Website
- www.flatoutofheels.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1521 ALTON ROAD, 592 592, Miami Beach, FL 33139
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- April 5, 2011
- SEC CIK
- 0001687869
Offering terms
From the amendment filed May 19, 2021.
- Security
- Class B Non-Voting Units
- Price
- $22.87
- Target
- $9,994
- Maximum
- $249,991
- Deadline
- October 5, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed October 6, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $13,492 | $48,135 | sec.gov |
| Cost of goods sold | $1,691 | $22,112 | sec.gov |
| Net income | $22,766 | $-7,734 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $20,595 | $4,834 | sec.gov |
| Cash | $678 | $3,893 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $180,676 | $187,680 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 6, 2022 | Progress update | $9,994 | $249,991 | October 5, 2021 | At the close of the offering, the issuer closed on $242,103.55 and 10,767 number of securities. | sec.gov |
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 7, 2021 | Progress update | $9,994 | $249,991 | October 5, 2021 | At the close of the offering, the issuer closed on $198,100.48 and 8,856 number of securities. | sec.gov |
| May 19, 2021 | Amendment | $9,994 | $249,991 | October 5, 2021 | Issuer decreased its offering max. | sec.gov |
| April 12, 2021 | Amendment | $9,994 | $534,997 | October 5, 2021 | Issuer decreased their offering max. | sec.gov |
| April 8, 2021 | Offering | $9,994 | $1,069,995 | October 5, 2021 | sec.gov |
Updated October 6, 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.