Data / Crowdfunding / New York / Fretch LLC
Fretch LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2019)
Fretch LLC, a limited liability company in New York, NY, filed a Form C with the SEC on January 24, 2019 to raise $25,000 to $1,070,000 in Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2019. In its most recent fiscal year it reported $3,110,345 in revenue and $325,845 in net income.
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- Website
- www.mirchimarket.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 160 RIVERSIDE BLVD 10B, New York, NY 10069
- Legal form
- Limited Liability Company
- Jurisdiction
- NY
- Incorporated
- December 2, 2014
- SEC CIK
- 0001756381
Offering terms
From the offering filed January 24, 2019.
- Security
- Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2019
- Portal compensation
- 6.0% of the amount raised
Financials
From the Form C-AR filed April 29, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,110,345 | $1,305,384 | sec.gov |
| Cost of goods sold | $1,831,054 | $744,682 | sec.gov |
| Net income | $325,845 | $22,361 | sec.gov |
| Taxes paid | $0 | $504 | sec.gov |
| Total assets | $608,356 | $223,096 | sec.gov |
| Cash | $285,584 | $46,142 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $49,042 | $5,208 | sec.gov |
| Long-term debt | $283,501 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 15, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 23, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2019 | Progress update | $25,000 | $1,070,000 | April 30, 2019 | The offering successfully closed, having received investment commitments of $96,858, although a final accounting has not yet taken place. | sec.gov |
| January 24, 2019 | Offering | $25,000 | $1,070,000 | April 30, 2019 | sec.gov |
Updated April 15, 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.