Data / Crowdfunding / Florida / La Fayette Franchise, Inc.
La Fayette Franchise, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
La Fayette Franchise, Inc., a corporation in Coral Gables, FL, filed a Form C with the SEC on June 28, 2021 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on August 31, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $18,253, with 2 employees.
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- Website
- www.lesmoulinslafayetteusa.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 2332 Galiano Street 2nd floor, Coral Gables, FL 33134
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 26, 2020
- SEC CIK
- 0001818192
Offering terms
From the amendment filed June 28, 2021.
- Security
- Common Stock
- Price
- $5.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- August 31, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-AR filed May 24, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-18,253 | $-199,786 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,527 | $19,161 | sec.gov |
| Cash | $1,527 | $18,405 | sec.gov |
| Accounts receivable | $0 | $756 | sec.gov |
| Short-term debt | $11,494 | $10,874 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 24, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 15, 2021 | Progress update | $10,000 | $1,070,000 | August 31, 2021 | Adjustment to the initial Form C-U filing of 9/3/2021. At the close of the offering, the issuer closed on $365,685.08 and 75,339 number of securities. | sec.gov |
| September 24, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| September 3, 2021 | Progress update | $10,000 | $1,070,000 | August 31, 2021 | At the close of the offering, the issuer closed on $322,190 and 68,586 number of securities. | sec.gov |
| June 28, 2021 | Amendment | $10,000 | $1,070,000 | August 31, 2021 | Issuer extended the length of its offering. | sec.gov |
| April 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 19, 2021 | Amendment | $10,000 | $1,070,000 | June 29, 2021 | Issuer updated financials, extended its offering, adjusted its use of proceeds. | sec.gov |
| February 11, 2021 | Amendment | $10,000 | $1,070,000 | April 30, 2021 | Issuer extended its campaign. | sec.gov |
| December 11, 2020 | Amendment | $10,000 | $1,070,000 | February 12, 2021 | Issuer extended its campaign. | sec.gov |
| October 9, 2020 | Amendment | $10,000 | $1,070,000 | December 14, 2020 | Issuer added a campaign page video. | sec.gov |
| September 30, 2020 | Amendment | $10,000 | $1,070,000 | December 14, 2020 | Issuer provided updated financials, increased their max raise amount, and extended their offering. | sec.gov |
| July 17, 2020 | Offering | $10,000 | $107,000 | October 15, 2020 | sec.gov |
Updated May 24, 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.