Data / Crowdfunding / Colorado / KOTA Longboards, LLC
KOTA Longboards, LLC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $106,998 (2018)
KOTA Longboards, LLC, a limited liability company in Denver, CO, filed a Form C with the SEC on August 6, 2018 to raise $10,000 to $106,998 in Non-Voting Membership Units through StartEngine Capital, LLC. The offering closed on November 1, 2018. In its most recent fiscal year it reported $199,314 in revenue and a net loss of $263,552, with 4 employees.
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- Website
- www.kotalongboards.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1400 SOUTH LIPAN STREET, Denver, CO 80223
- Legal form
- Limited Liability Company
- Jurisdiction
- CO
- Incorporated
- May 17, 2012
- SEC CIK
- 0001733163
Offering terms
From the offering filed August 6, 2018.
- Security
- Non-Voting Membership Units
- Price
- $3.20
- Target
- $10,000
- Maximum
- $106,998
- Deadline
- November 1, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-U filed May 8, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $199,314 | $154,644 | sec.gov |
| Cost of goods sold | $235,253 | $253,403 | sec.gov |
| Net income | $-263,552 | $-359,170 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $74,423 | $87,748 | sec.gov |
| Cash | $1,014 | $26,011 | sec.gov |
| Accounts receivable | $1,525 | $828 | sec.gov |
| Short-term debt | $97,581 | $94,393 | sec.gov |
| Long-term debt | $68,358 | $29,097 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 8, 2019 | Progress update | $10,000 | $106,998 | November 1, 2018 | At the close of the offering, the issuer closed on $14,704 and 4,635 number of securities. | sec.gov |
| November 6, 2018 | Progress update | $10,000 | $106,998 | November 1, 2018 | At the close of the offering, the issuer closed on $16,102.4 and 5,072 number of securities. | sec.gov |
| August 6, 2018 | Offering | $10,000 | $106,998 | November 1, 2018 | sec.gov | |
| August 6, 2018 | Withdrawal | Not listed | Not listed | sec.gov | ||
| April 2, 2018 | Offering | $90,000 | $1,070,000 | September 28, 2018 | sec.gov |
Updated May 8, 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.