Data / Crowdfunding / California / Level Therapy General Corp
Level Therapy General Corp: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,000,000 (2017)
Level Therapy General Corp, a corporation in San Francisco, CA, filed a Form C with the SEC on May 22, 2017 to raise $25,000 to $1,000,000 in debt through SI SECURITIES, LLC. The offering closed on July 31, 2017. In its most recent fiscal year it reported $5,247 in revenue and a net loss of $92,718, with 4 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.trylevel.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 605 HAIGHT ST, San Francisco, CA 94117
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 15, 2016
- SEC CIK
- 0001698923
Offering terms
From the offering filed May 22, 2017.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,000,000
- Deadline
- July 31, 2017
- Portal compensation
- SI Securities, LLC will receive a 7.5% cash commission and 5% convertible debt commission on all sales through the broker-dealer (e.g., $7,500 cash and $5,000 convertible note on a raise of $100,000)
Financials
From the Form C-U filed August 3, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,247 | $0 | sec.gov |
| Cost of goods sold | $15,855 | $0 | sec.gov |
| Net income | $-92,718 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $92,284 | $0 | sec.gov |
| Cash | $542 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $44,189 | $0 | sec.gov |
| Long-term debt | $125,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 3, 2017 | Progress update | $25,000 | $1,000,000 | July 31, 2017 | $49,000 is our best estimate for the total amount of securities that will be sold. | sec.gov |
| May 22, 2017 | Offering | $25,000 | $1,000,000 | July 31, 2017 | sec.gov |
Updated August 3, 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.