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Data / Crowdfunding / Rhode Island / Growgenics LLC

Growgenics LLC: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,000,000 (2018)

Growgenics LLC, a limited liability company in East Greenwich, RI, filed a Form C with the SEC on October 26, 2018 to raise $25,000 to $1,000,000 in debt through SI SECURITIES, LLC. The offering closed on December 28, 2018. In its most recent fiscal year it reported $1,743,309 in revenue and a net loss of $16,679, with 3 employees.

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Website
www.growgenics.com
Funding portal
SI SECURITIES, LLC
Address
5600 POST RD, STE 114-191, East Greenwich, RI 02818
Legal form
Limited Liability Company
Jurisdiction
RI
Incorporated
May 14, 2014
SEC CIK
0001757055

Offering terms

From the offering filed October 26, 2018.

Security
Debt
Target
$25,000
Maximum
$1,000,000
Deadline
December 28, 2018
Portal compensation
7.5% of the amount raised

Financials

From the Form C-AR filed April 1, 2026.

Most recent fiscal yearPrior fiscal yearSource
Revenue$1,743,309$1,944,118sec.gov
Cost of goods sold$1,029,382$978,049sec.gov
Net income$-16,679$-6,812sec.gov
Taxes paid$56,884$7,034sec.gov
Total assets$19,846$156,897sec.gov
Cash$8,416$21,766sec.gov
Accounts receivable$97,357$121,814sec.gov
Short-term debt$426,669$529,394sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
April 1, 2026Annual reportNot listedNot listedsec.gov
April 1, 2026Annual reportNot listedNot listedsec.gov
March 26, 2025Annual reportNot listedNot listedsec.gov
March 26, 2025Annual reportNot listedNot listedsec.gov
March 26, 2025Annual reportNot listedNot listedsec.gov
March 26, 2025Annual reportNot listedNot listedsec.gov
June 16, 2020Annual reportNot listedNot listedsec.gov
April 30, 2019Annual reportNot listedNot listedsec.gov
December 20, 2018Progress update$25,000$1,000,000December 28, 2018The issuer raised approximately $300,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined.sec.gov
October 26, 2018Offering$25,000$1,000,000December 28, 2018sec.gov

All filings on sec.gov

Also on SpecStream

Updated April 1, 2026. 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.