Data / Crowdfunding / California / Lei Co Cooperative, Inc.
Lei Co Cooperative, Inc.: crowdfunding raise on MiTec, PBC, $25,000 to $300,000 (2018)
Lei Co Cooperative, Inc., a corporation in Oakland, CA, filed a Form C with the SEC on November 21, 2018 to raise $25,000 to $300,000 in Preferred Memberships. through MiTec, PBC. The offering closed on February 28, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $5,079, with 4 employees.
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- Website
- www.theleicompany.com
- Funding portal
- MiTec, PBC
- Address
- 6609 BANCROFT AVE, Oakland, CA 94605
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- June 6, 2017
- SEC CIK
- 0001720733
Offering terms
From the amendment filed November 21, 2018.
- Security
- Preferred Memberships.
- Target
- $25,000
- Maximum
- $300,000
- Deadline
- February 28, 2019
- Portal compensation
- 6.5% of offering proceeds that are actually distributed to the issuer.
Financials
From the Form C/A filed November 21, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-5,079 | $-5,079 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $39 | $0 | sec.gov |
| Cash | $39 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,118 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 21, 2018 | Amendment | $25,000 | $300,000 | February 28, 2019 | Extending campaign deadline; lowering minimum target offering amount; revising use of proceeds and business plan; revising risk factors; providing notice that the offering will be a rolling close; correcting amount preferred investors have invested. | sec.gov |
| October 12, 2018 | Amendment | $150,000 | $300,000 | November 22, 2018 | Adding general legends, additional cancellation information, pitch deck, campaign video transcript, campaign page text, articles of incorporation, additional employment information, and CRD number. | sec.gov |
| August 23, 2018 | Offering | $150,000 | $300,000 | November 22, 2018 | sec.gov |
Updated November 21, 2018. 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.