Data / Crowdfunding / Missouri / Healthy Hip Hop, Inc.
Healthy Hip Hop, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Healthy Hip Hop, Inc., a corporation in Kansas City, MO, filed a Form C with the SEC on March 30, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE through OpenDeal Portal LLC. The offering closed on August 31, 2021. In its most recent fiscal year it reported $24,795 in revenue and a net loss of $103,647.
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- Website
- healthy.hiphop
- Funding portal
- OpenDeal Portal LLC
- Address
- 9119 EAST 89TH STREET, Kansas City, MO 64138
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 15, 2019
- SEC CIK
- 0001820404
Offering terms
From the amendment filed March 30, 2021.
- Security
- Crowd SAFE
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- August 31, 2021
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the intermediary.
Financials
From the Form C-U filed September 1, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $24,795 | $34,197 | sec.gov |
| Cost of goods sold | $1,310 | $9,261 | sec.gov |
| Net income | $-103,647 | $-109,934 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $77,690 | $8,433 | sec.gov |
| Cash | $74,824 | $8,283 | sec.gov |
| Accounts receivable | $2,866 | $150 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $152,904 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 1, 2021 | Progress update | $25,000 | $1,070,000 | August 31, 2021 | The Offering closed successfully on 9/01/2021, having received investment commitments of $77,360.00, although a final accounting has not taken place. | sec.gov |
| March 30, 2021 | Amendment | $25,000 | $1,070,000 | August 31, 2021 | Offering Deadline has been extended to August 31, 2021; amended terms of the Crowd SAFE, including the conditions under which Investors must act with respect to conversion of the Crowd SAFE; the reviewed financial statements for 2020 included | sec.gov |
| March 16, 2021 | Amendment | $25,000 | $1,070,000 | April 30, 2021 | Amending the Physical Address of Issuer | sec.gov |
| February 23, 2021 | Amendment | $25,000 | $1,070,000 | April 30, 2021 | Amended the valuation cap | sec.gov |
| February 22, 2021 | Offering | $25,000 | $1,070,000 | April 30, 2021 | sec.gov |
Updated September 1, 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.