Data / Crowdfunding / Texas / Fragrance of Heaven LLC
Fragrance of Heaven LLC: crowdfunding raise on Mr. Crowd, $50,000 to $450,000 (2019)
Fragrance of Heaven LLC, a limited liability company in Lubbock, TX, filed a Form C with the SEC on February 26, 2019 to raise $50,000 to $450,000 in Membership Units through Mr. Crowd. The offering closed on June 30, 2019. In its most recent fiscal year it reported $59,995 in revenue and a net loss of $8,529, with 1 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- fragranceofheavencandles.com
- Funding portal
- Mr. Crowd
- Address
- 3501 50TH STREET SUITE 124, Lubbock, TX 79413
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- June 14, 2018
- SEC CIK
- 0001744554
Offering terms
From the amendment filed February 26, 2019.
- Security
- Membership Units
- Price
- $8.00
- Target
- $50,000
- Maximum
- $450,000
- Deadline
- June 30, 2019
- Portal compensation
- 1. The issuer shall pay the intermediary a fee equal to one percent (1%) of the gross amount raised. 2. The issuer shall pay or reimburse all reasonable out-of-pocket third party expenses incurred by the intermediary on behalf of the issuer.
Financials
From the Form C/A filed February 26, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $59,995 | $37,899 | sec.gov |
| Cost of goods sold | $21,632 | $16,523 | sec.gov |
| Net income | $-8,529 | $-14,872 | sec.gov |
| Taxes paid | $3,729 | $2,945 | sec.gov |
| Total assets | $28,753 | $30,963 | sec.gov |
| Cash | $2,926 | $2,809 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $4,603 | $6,113 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 26, 2019 | Amendment | $50,000 | $450,000 | June 30, 2019 | 1) the per unit price, target number of the securities offered 2) maximum offering amount 3) the intended use of proceeds of this offering 4) how the securities being valued | sec.gov |
| December 31, 2018 | Amendment | $50,000 | $1,000,000 | June 30, 2019 | Extend the offering deadline. | sec.gov |
| October 18, 2018 | Amendment | $50,000 | $1,000,000 | December 31, 2018 | Added the maturity date and interest rate on the debt disclosed in question 24 of the Form C - Offering Statement | sec.gov |
| August 17, 2018 | Amendment | $50,000 | $1,000,000 | December 31, 2018 | Lower of target offering amount; Use of proceeds; Discussion and analysis of our financial condition | sec.gov |
| June 26, 2018 | Offering | $150,000 | $1,000,000 | December 31, 2018 | sec.gov |
Updated February 26, 2019. 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.