Data / Crowdfunding / California / Laugh Radio
Laugh Radio: crowdfunding raise on SI SECURITIES, LLC, $100,000 to $1,000,000 (2017)
Laugh Radio, a corporation in San Francisco, CA, filed a Form C with the SEC on May 4, 2017 to raise $100,000 to $1,000,000 in preferred stock through SI SECURITIES, LLC. The offering closed on June 19, 2017. In its most recent fiscal year it reported $4,853 in revenue and a net loss of $960,833, with 9 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.laughradio.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 8 10TH STREET #3506, San Francisco, CA 94103
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 27, 2016
- SEC CIK
- 0001690222
Offering terms
From the amendment filed May 4, 2017.
- Security
- Preferred Stock
- Price
- $0.46
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- June 19, 2017
- Portal compensation
- SI Securities, LLC will receive a 5% cash commission and 5% preferred equity commission on all sales through the broker-dealer (e.g., $5,000 cash and $5,000 preferred equity on a raise of $100,000)
Financials
From the Form C/A filed May 4, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,853 | $0 | sec.gov |
| Cost of goods sold | $5,554 | $0 | sec.gov |
| Net income | $-960,833 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $63,093 | $0 | sec.gov |
| Cash | $44,618 | $0 | sec.gov |
| Accounts receivable | $1,560 | $0 | sec.gov |
| Short-term debt | $283,926 | $0 | sec.gov |
| Long-term debt | $740,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 4, 2017 | Amendment | $100,000 | $1,000,000 | June 19, 2017 | The deadline to reach the Target Date was extended. | sec.gov |
| May 3, 2017 | Amendment | $100,000 | $1,000,000 | June 19, 2017 | The deadline to reach the Target Date was extended. | sec.gov |
| April 6, 2017 | Offering | $100,000 | $1,000,000 | June 2, 2017 | sec.gov |
Updated May 4, 2017. 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.