Data / Crowdfunding / Illinois / Kribi Coffee Co
Kribi Coffee Co: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,000,000 (2023)
Kribi Coffee Co, a corporation in Oak Park, IL, filed a Form C with the SEC on January 20, 2023 to raise $10,000 to $1,000,000 in common stock through StartEngine Capital, LLC. The offering closed on February 27, 2023. In its most recent fiscal year it reported $1,114,966 in revenue and a net loss of $381,890, with 25 employees.
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- Website
- www.kribicoffee.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 536 N. OAK PARK AVENUE, Oak Park, IL 60302
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 8, 2019
- SEC CIK
- 0001952243
Offering terms
From the amendment filed January 20, 2023.
- Security
- Common Stock
- Price
- $5.00
- Target
- $10,000
- Maximum
- $1,000,000
- Deadline
- February 27, 2023
- Portal compensation
- up to 9% percent
Financials
From the Form C-U filed March 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,114,966 | $437,627 | sec.gov |
| Cost of goods sold | $548,596 | $220,336 | sec.gov |
| Net income | $-381,890 | $-352,644 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $935,217 | $617,204 | sec.gov |
| Cash | $41,691 | $41,777 | sec.gov |
| Accounts receivable | $35,462 | $16,725 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $292,626 | $416,847 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 1, 2023 | Progress update | $10,000 | $1,000,000 | February 27, 2023 | At the close of the offering, the issuer closed on $107,536.10 and 23,492 number of securities. | sec.gov |
| January 20, 2023 | Amendment | $10,000 | $1,000,000 | February 27, 2023 | Issuer is extending campaign end date | sec.gov |
| October 28, 2022 | Offering | $10,000 | $1,000,000 | January 26, 2023 | sec.gov |
Updated March 1, 2023. 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.