Data / Crowdfunding / Massachusetts / Hopster's LLC
Hopster's LLC: crowdfunding raise on Wefunder Portal LLC, $300,000 to $1,070,000 (2019)
Hopster's LLC, a limited liability company in Newton, MA, filed a Form C with the SEC on February 6, 2019 to raise $300,000 to $1,070,000 in Series A-4 Preferred Units through Wefunder Portal LLC. The offering closed on March 31, 2019. In its most recent fiscal year it reported $1,145,673 in revenue and a net loss of $530,619, with 20 employees.
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- Website
- www.hopstersbrew.com
- Funding portal
- Wefunder Portal LLC
- Address
- 292 Centre Street, Newton, MA 02458
- Legal form
- Limited Liability Company
- Jurisdiction
- MA
- Incorporated
- April 5, 2013
- SEC CIK
- 0001689082
Offering terms
From the amendment filed February 6, 2019.
- Security
- Series A-4 Preferred Units
- Price
- $500.00
- Target
- $300,000
- Maximum
- $1,070,000
- Deadline
- March 31, 2019
- Portal compensation
- 4.0% 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 February 6, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,145,673 | $1,299,645 | sec.gov |
| Cost of goods sold | $304,354 | $314,006 | sec.gov |
| Net income | $-530,619 | $72,015 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $4,044,706 | $1,175,732 | sec.gov |
| Cash | $126,975 | $533,542 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $838,969 | $155,226 | sec.gov |
| Long-term debt | $984,455 | $208,319 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 6, 2019 | Amendment | $300,000 | $1,070,000 | March 31, 2019 | Update securities description; update securities outsanding/authorized | sec.gov |
| October 3, 2018 | Amendment | $300,000 | $1,070,000 | March 31, 2019 | Correct Wefunder compensation | sec.gov |
| October 3, 2018 | Offering | $300,000 | $1,070,000 | March 31, 2019 | sec.gov | |
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| August 11, 2017 | Amendment | $300,000 | $1,000,000 | August 11, 2017 | Increase max offering to $1.07M. | sec.gov |
| January 27, 2017 | Amendment | $300,000 | $1,000,000 | February 2, 2017 | Extend closing date to February 2nd. | sec.gov |
| January 24, 2017 | Amendment | $300,000 | $1,000,000 | January 31, 2017 | Include the correct investor contracts and extend deadline date by 1 day. | sec.gov |
| January 17, 2017 | Amendment | $300,000 | $1,000,000 | January 30, 2017 | Extend deadline date. | sec.gov |
| January 9, 2017 | Amendment | $300,000 | $1,000,000 | January 13, 2017 | Extended deadline date to Jan 13, updated business plan and included video transcript. | sec.gov |
| November 21, 2016 | Offering | $300,000 | $1,000,000 | January 6, 2017 | sec.gov |
Updated February 6, 2019. 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.