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Data / Crowdfunding / North Carolina / Good Kitchen, LLC

Good Kitchen, LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)

Good Kitchen, LLC, a limited liability company in Charlotte, NC, filed a Form C with the SEC on October 26, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE through OpenDeal Portal LLC. The offering closed on February 8, 2022. In its most recent fiscal year it reported $4,062,186 in revenue and a net loss of $396,428, with 11 employees.

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Website
thegoodkitchen.com
Funding portal
OpenDeal Portal LLC
Address
9716 REA RD STE B PMB 1066, Charlotte, NC 28277
Legal form
Limited Liability Company
Jurisdiction
NC
Incorporated
November 28, 2011
SEC CIK
0001683827

Offering terms

From the amendment filed October 26, 2021.

Security
Crowd SAFE
Price
$1.00
Target
$25,000
Maximum
$1,070,000
Deadline
February 8, 2022
Portal compensation
At the conclusion of the offering, the issuer shall pay a fee of six percent of the amount raised in the offering to the intermediary.

Financials

From the Form C-U filed December 13, 2021.

Most recent fiscal yearPrior fiscal yearSource
Revenue$4,062,186$3,454,233sec.gov
Cost of goods sold$2,875,791$3,253,642sec.gov
Net income$-396,428$-1,083,788sec.gov
Taxes paid$0$0sec.gov
Total assets$2,415,684$2,699,840sec.gov
Cash$14,092$150sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$1,192,746$1,689,336sec.gov
Long-term debt$1,543,427$536,631sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
December 13, 2021Progress update$25,000$1,070,000February 8, 2022The Offering closed successfully on 12/9/2021, having received investment commitments of $340,781.40 although a final accounting has not taken place.sec.gov
October 26, 2021Amendment$25,000$1,070,000February 8, 2022This Amendment is filed to (i) extend the Offering Deadline to February 8, 2022; (ii) update the Company's Products and/or Services section; (iii) update the Exhibit B- Offering Page found on Intermediary's Portal; and (iv) update the Exhibit D.sec.gov
June 28, 2021Offering$25,000$1,070,000October 26, 2021sec.gov

All filings on sec.gov

Updated December 13, 2021. 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.