Data / Crowdfunding / California / K POP Foods, Inc.
K POP Foods, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $500,000 (2018)
K POP Foods, Inc., a corporation in Los Angeles, CA, filed a Form C with the SEC on July 5, 2018 to raise $25,000 to $500,000 in debt through SI SECURITIES, LLC. The offering closed on August 31, 2018. In its most recent fiscal year it reported $187,927 in revenue and a net loss of $368,153, 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.kpopfoods.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 530 South Berendo Street, #230, Los Angeles, CA 90020
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 21, 2017
- SEC CIK
- 0001745548
Offering terms
From the amendment filed July 5, 2018.
- Security
- Debt
- Target
- $25,000
- Maximum
- $500,000
- Deadline
- August 31, 2018
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-AR filed March 30, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $187,927 | $64,286 | sec.gov |
| Cost of goods sold | $125,174 | $39,417 | sec.gov |
| Net income | $-368,153 | $-220,790 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $271,586 | $106,713 | sec.gov |
| Cash | $223,051 | $51,387 | sec.gov |
| Accounts receivable | $11,053 | $1,502 | sec.gov |
| Short-term debt | $19,041 | $36,743 | sec.gov |
| Long-term debt | $932,535 | $362,766 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 29, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 30, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 29, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| September 5, 2018 | Progress update | $25,000 | $500,000 | August 31, 2018 | The issuer raised approximately $134,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| July 5, 2018 | Amendment | $25,000 | $500,000 | August 31, 2018 | Adding an Exhibit E (Video Transcripts) to reflect the addition of videos to the profile. | sec.gov |
| July 5, 2018 | Offering | $25,000 | $500,000 | August 31, 2018 | sec.gov |
Updated March 29, 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.