Data / Crowdfunding / Georgia / Its Baked Baby LLC
Its Baked Baby LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $60,000 (2023)
Its Baked Baby LLC, a limited liability company in Atlanta, GA, filed a Form C with the SEC on May 5, 2023 to raise $25,000 to $60,000 in debt through Honeycomb Portal LLC. The offering closed on May 19, 2023. In its most recent fiscal year it reported $204,763 in revenue and $16,169 in net income, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.itsbakedbaby.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 207 MERRITTS AVE NW, Atlanta, GA 30313
- Legal form
- Limited Liability Company
- Jurisdiction
- GA
- Incorporated
- June 2, 2022
- SEC CIK
- 0001970491
Offering terms
From the amendment filed May 5, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $60,000
- Deadline
- May 19, 2023
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to $50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed June 7, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $204,763 | $129,550 | sec.gov |
| Cost of goods sold | $73,715 | $44,941 | sec.gov |
| Net income | $16,169 | $-3,116 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $43,053 | $31,884 | sec.gov |
| Cash | $28,973 | $14,284 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $10,000 | $15,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 7, 2023 | Progress update | $25,000 | $60,000 | May 19, 2023 | Total raised $28,244.50 | sec.gov |
| May 5, 2023 | Amendment | $25,000 | $60,000 | May 19, 2023 | amending the deadline to reach target offering amount to 05-19-2023. | sec.gov |
| March 30, 2023 | Offering | $25,000 | $60,000 | May 5, 2023 | sec.gov |
Updated June 7, 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.