Data / Crowdfunding / Florida / Huddle Works, Inc.
Huddle Works, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Huddle Works, Inc., a corporation in Miami, FL, filed a Form C with the SEC on August 24, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on December 17, 2021. In its most recent fiscal year it reported $1,073,354 in revenue and a net loss of $1,666,002.
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- Website
- huddle.works
- Funding portal
- OpenDeal Portal LLC
- Address
- 7930 SW 54TH CT, Miami, FL 33143
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 11, 2015
- SEC CIK
- 0001856027
Offering terms
From the offering filed August 24, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- December 17, 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-AR filed April 28, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,073,354 | $636,991 | sec.gov |
| Cost of goods sold | $860,602 | $512,009 | sec.gov |
| Net income | $-1,666,002 | $-428,665 | sec.gov |
| Taxes paid | $64,790 | $5,954 | sec.gov |
| Total assets | $1,436,224 | $789,832 | sec.gov |
| Cash | $1,225,360 | $651,923 | sec.gov |
| Accounts receivable | $79,697 | $44,620 | sec.gov |
| Short-term debt | $99,692 | $110,758 | sec.gov |
| Long-term debt | $496,671 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 15, 2021 | Progress update | $25,000 | $1,070,000 | December 17, 2021 | The Offering closed successfully on 12/11/2021 , having received investment commitments of $362,108 although a final accounting has not taken place. | sec.gov |
| August 24, 2021 | Offering | $25,000 | $1,070,000 | December 17, 2021 | sec.gov | |
| August 24, 2021 | Withdrawal | Not listed | Not listed | sec.gov | ||
| August 24, 2021 | Offering | $25,000 | $1,070,000 | December 15, 2021 | sec.gov |
Updated April 28, 2023. 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.