Data / Crowdfunding / Texas / Flying Nun Collective, LLC
Flying Nun Collective, LLC: crowdfunding raise on NextSeed US LLC, $65,000 to $100,000 (2016)
Flying Nun Collective, LLC, a limited liability company in Houston, TX, filed a Form C with the SEC on September 22, 2016 to raise $65,000 to $100,000 in debt through NextSeed US LLC. The offering closed on October 27, 2016. In its most recent fiscal year it reported $311,783 in revenue and $60,005 in net income.
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- Website
- www.citizenpilates.com
- Funding portal
- NextSeed US LLC
- Address
- 223 EAST 11TH ST, Houston, TX 77008
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- September 15, 2016
- SEC CIK
- 0001684972
Offering terms
From the offering filed September 22, 2016.
- Security
- Debt
- Target
- $65,000
- Maximum
- $100,000
- Deadline
- October 27, 2016
- Portal compensation
- NextSeed charges the Issuer 5% of the total offering amount as compensation for its services provided in connection with the offering.
Financials
From the Form C-AR filed May 1, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $311,783 | $0 | sec.gov |
| Cost of goods sold | $251,777 | $0 | sec.gov |
| Net income | $60,005 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $143,087 | $0 | sec.gov |
| Cash | $32,668 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $117,874 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| October 17, 2016 | Progress update | $65,000 | $100,000 | October 27, 2016 | Flying Nun Collective, LLC has raised a total of $100,000. Because it has reached its maximum offering amount early, it has terminated its investment period on 10/13/2016. Its investors were notified of this change on 10/5/2016. | sec.gov |
| September 22, 2016 | Offering | $65,000 | $100,000 | October 27, 2016 | sec.gov |
Updated May 1, 2017. 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.