Data / Crowdfunding / Maryland / Hoop Tea, Inc.
Hoop Tea, Inc.: crowdfunding raise on Wefunder Portal LLC, $120,000 to $1,069,999 (2020)
Hoop Tea, Inc., a corporation in Rosedale, MD, filed a Form C with the SEC on April 15, 2020 to raise $120,000 to $1,069,999 in preferred stock through Wefunder Portal LLC. The offering closed on September 15, 2020. In its most recent fiscal year it reported $0 in revenue and $0 in net income.
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- Website
- www.HoopTea.com
- Funding portal
- Wefunder Portal LLC
- Address
- 9008 Yellow Brick Road, Rosedale, MD 21237
- Legal form
- Corporation
- Jurisdiction
- MD
- Incorporated
- July 11, 2018
- SEC CIK
- 0001788682
Offering terms
From the amendment filed April 15, 2020.
- Security
- Preferred Stock
- Price
- $1.30
- Target
- $120,000
- Maximum
- $1,069,999
- Deadline
- September 15, 2020
- Portal compensation
- 7.5% 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.
Financials
From the Form C/A filed April 15, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $100 | $100 | sec.gov |
| Cash | $100 | $100 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 15, 2020 | Amendment | $120,000 | $1,069,999 | September 15, 2020 | Added 2019 reviewed financials; updated close date; lowered campaign minimum | sec.gov |
| April 13, 2020 | Amendment | $300,001 | $1,069,999 | September 15, 2020 | Added 2019 reviewed financials; updated close date; lowered campaign minimum | sec.gov |
| December 12, 2019 | Offering | $300,001 | $1,069,999 | January 31, 2020 | sec.gov |
Updated April 15, 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.