Data / Crowdfunding / Texas / Giant Leap Coffee, LLC
Giant Leap Coffee, LLC: crowdfunding raise on NextSeed Securities, LLC, $200,000 to $250,000 (2019)
Giant Leap Coffee, LLC, a limited liability company in Houston, TX, filed a Form C with the SEC on December 19, 2019 to raise $200,000 to $250,000 in debt through NextSeed Securities, LLC. The offering closed on February 27, 2020. In its most recent fiscal year it reported $294,357 in revenue and $6,713 in net income, with 5 employees.
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- Website
- www.giantleapcoffee.com
- Funding portal
- NextSeed Securities, LLC
- Address
- 3302 GARROW ST., Houston, TX 77003
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- August 23, 2019
- SEC CIK
- 0001789878
Offering terms
From the offering filed December 19, 2019.
- Security
- Debt
- Target
- $200,000
- Maximum
- $250,000
- Deadline
- February 27, 2020
- Portal compensation
- 10% of the Offering Amount; provided only 5% is charged on investors introduced by the issuer.
Financials
From the Form C-AR filed May 8, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $294,357 | $0 | sec.gov |
| Cost of goods sold | $281,996 | $0 | sec.gov |
| Net income | $6,713 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $44,772 | $0 | sec.gov |
| Cash | $5,128 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $10,000 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 25, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 8, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| February 10, 2020 | Progress update | $200,000 | $250,000 | February 27, 2020 | Issuer raised $250,000. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower. | sec.gov |
| December 19, 2019 | Offering | $200,000 | $250,000 | February 27, 2020 | sec.gov |
Updated June 25, 2020. 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.