Data / Crowdfunding / Wisconsin / Kathleen's Cutting Edge LLC
Kathleen's Cutting Edge LLC: crowdfunding raise on Honeycomb Portal LLC, $15,000 to $20,000 (2021)
Kathleen's Cutting Edge LLC, a limited liability company in My Pleasant, WI, filed a Form C with the SEC on November 9, 2021 to raise $15,000 to $20,000 in debt through Honeycomb Portal LLC. The offering closed on January 4, 2022. In its most recent fiscal year it reported $384,080 in revenue and $23,476 in net income, with 10 employees.
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- Website
- thecuttingedgeracine.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 7408 WASHINGTON AVE, My Pleasant, WI 53406
- Legal form
- Limited Liability Company
- Jurisdiction
- WI
- Incorporated
- November 15, 2016
- SEC CIK
- 0001892930
Offering terms
From the offering filed November 9, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $15,000
- Maximum
- $20,000
- Deadline
- January 4, 2022
- 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 January 27, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $384,080 | $683,813 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $23,476 | $47,558 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $113,254 | $57,592 | sec.gov |
| Cash | $89,784 | $33,499 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $7,051 | $15,419 | sec.gov |
| Long-term debt | $97,474 | $68,842 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 27, 2022 | Progress update | $15,000 | $20,000 | January 4, 2022 | Total raised $15,100 | sec.gov |
| November 9, 2021 | Offering | $15,000 | $20,000 | January 4, 2022 | sec.gov |
Updated January 27, 2022. 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.