Data / Crowdfunding / Massachusetts / Kindred Brands, Inc.
Kindred Brands, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $20,000 to $40,000 (2016)
Kindred Brands, Inc., a corporation in Attleboro, MA, filed a Form C with the SEC on November 14, 2016 to raise $20,000 to $40,000 in common stock through NetCapital Funding Portal Inc.. The offering closed on December 19, 2016. In its most recent fiscal year it reported $99,468 in revenue and a net loss of $44,047.
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- Website
- www.troupejewelry.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 96 County St. #2, Attleboro, MA 02703
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 5, 2015
- SEC CIK
- 0001674531
Offering terms
From the amendment filed November 14, 2016.
- Security
- Common Stock
- Price
- $40.00
- Target
- $20,000
- Maximum
- $40,000
- Deadline
- December 19, 2016
- Portal compensation
- 4.9% of amount raised for a successful offering.
Financials
From the Form C-AR filed April 19, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $99,468 | $39,784 | sec.gov |
| Cost of goods sold | $-36,950 | $-14,473 | sec.gov |
| Net income | $-44,047 | $-80,466 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $202,519 | $183,177 | sec.gov |
| Cash | $2,910 | $2,690 | sec.gov |
| Accounts receivable | $313,256 | $267,757 | sec.gov |
| Short-term debt | $313,256 | $267,757 | sec.gov |
| Long-term debt | $241,521 | $223,630 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 19, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| December 23, 2016 | Progress update | $20,000 | $40,000 | December 19, 2016 | End of offering | sec.gov |
| November 14, 2016 | Amendment | $20,000 | $40,000 | December 19, 2016 | Changed price per share from $100 to $40 and updated the valuation methodology. | sec.gov |
| September 26, 2016 | Amendment | $20,000 | $100,000 | December 19, 2016 | Offering statement originally uploaded was accidentally blank | sec.gov |
| September 21, 2016 | Offering | $20,000 | $100,000 | December 19, 2016 | sec.gov | |
| June 24, 2016 | Withdrawal | Not listed | Not listed | sec.gov | ||
| May 17, 2016 | Offering | $20,000 | $100,000 | November 13, 2016 | sec.gov |
Updated April 19, 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.