Data / Crowdfunding / California / Kokus Inc.
Kokus Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Kokus Inc., a corporation in Venice, CA, filed a Form C with the SEC on February 11, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE through OpenDeal Portal LLC. The offering closed on April 30, 2021. In its most recent fiscal year it reported $210,491 in revenue and a net loss of $881,945, with 3 employees.
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- Website
- sunscoop.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 606 VENEZIA AVE B, Venice, CA 90291
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 1, 2017
- SEC CIK
- 0001835638
Offering terms
From the offering filed February 11, 2021.
- Security
- Crowd SAFE
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 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 June 2, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $210,491 | $289,315 | sec.gov |
| Cost of goods sold | $196,502 | $150,776 | sec.gov |
| Net income | $-881,945 | $-846,445 | sec.gov |
| Taxes paid | $0 | $50 | sec.gov |
| Total assets | $297,892 | $306,959 | sec.gov |
| Cash | $145,486 | $188,047 | sec.gov |
| Accounts receivable | $8,765 | $7,878 | sec.gov |
| Short-term debt | $388,360 | $222,193 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 2, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 4, 2021 | Progress update | $25,000 | $1,070,000 | April 30, 2021 | The Offering was successful as of its deadline, April 30, 2021, having received investment commitments of $316,240 although a final accounting has not taken place. | sec.gov |
| February 11, 2021 | Offering | $25,000 | $1,070,000 | April 30, 2021 | sec.gov |
Updated June 2, 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.