Data / Crowdfunding / Texas / Future Proof Brands LLC dba BeatBox Beverages
Future Proof Brands LLC dba BeatBox Beverages: crowdfunding raise on Wefunder Portal LLC, $50,000 to $5,000,000 (2022)
Future Proof Brands LLC dba BeatBox Beverages, a limited liability company in Austin, TX, filed a Form C with the SEC on April 28, 2022 to raise $50,000 to $5,000,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $18,630,477 in revenue and $149,571 in net income, with 63 employees.
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- Website
- beatboxbeverages.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1023 Springdale Rd. 11F, Austin, TX 78721
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- November 14, 2011
- SEC CIK
- 0001621653
Offering terms
From the amendment filed April 28, 2022.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $5,000,000
- Deadline
- April 30, 2023
- Portal compensation
- <p>6.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.</p>
Financials
From the Form C/A filed April 28, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $18,630,477 | $7,524,675 | sec.gov |
| Cost of goods sold | $6,946,904 | $4,990,172 | sec.gov |
| Net income | $149,571 | $-3,048,595 | sec.gov |
| Taxes paid | $12,273 | $12,950 | sec.gov |
| Total assets | $4,912,493 | $1,880,780 | sec.gov |
| Cash | $644,714 | $256,301 | sec.gov |
| Accounts receivable | $2,014,017 | $690,260 | sec.gov |
| Short-term debt | $5,468,047 | $3,231,873 | sec.gov |
| Long-term debt | $0 | $1,920,350 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2022 | Amendment | $50,000 | $5,000,000 | April 30, 2023 | Adding 2021 financials and extending campaign. | sec.gov |
| January 28, 2022 | Offering | $500,000 | $5,000,000 | April 30, 2022 | sec.gov | |
| January 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 9, 2020 | Offering | $100,000 | $1,069,999 | February 5, 2021 | sec.gov |
Updated April 28, 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.