Data / Crowdfunding / Texas / Lick Ice Creams LLC
Lick Ice Creams LLC: crowdfunding raise on MICROVENTURE MARKETPLACE INC., $25,000 to $1,235,000 (2023)
Lick Ice Creams LLC, a limited liability company in Cedar Park, TX, filed a Form C with the SEC on October 5, 2023 to raise $25,000 to $1,235,000 in Crowd Note through MICROVENTURE MARKETPLACE INC.. The offering closed on February 12, 2024. In its most recent fiscal year it reported $4,273,782 in revenue and a net loss of $1,173,017, with 105 employees.
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- Website
- www.ilikelick.com
- Funding portal
- MICROVENTURE MARKETPLACE INC.
- Address
- 2000 WINDY TERRACE STE. 3D, Cedar Park, TX 78613
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- March 12, 2011
- SEC CIK
- 0001977042
Offering terms
From the amendment filed October 5, 2023.
- Security
- Crowd Note
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- February 12, 2024
- Portal compensation
- The issuer will shall pay to the intermediary at the conclusion of the offering a fee consisting of 5% commission based on the amount of investments raised in the offering and paid upon disbursement of funds from escrow at the time of closing.
Financials
From the Form C-AR filed May 1, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,273,782 | $3,841,308 | sec.gov |
| Cost of goods sold | $1,603,016 | $1,589,464 | sec.gov |
| Net income | $-1,173,017 | $-507,332 | sec.gov |
| Taxes paid | $12,658 | $4,937 | sec.gov |
| Total assets | $3,985,146 | $3,022,298 | sec.gov |
| Cash | $89,654 | $110,559 | sec.gov |
| Accounts receivable | $47,775 | $59,710 | sec.gov |
| Short-term debt | $1,995,702 | $489,319 | sec.gov |
| Long-term debt | $2,848,870 | $3,036,329 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| February 13, 2024 | Progress update | $25,000 | $1,235,000 | February 12, 2024 | $166,167.00 IN INVESTMENTS. PAYMENTS STILL PROCESSING; FINAL FIGURE N0T YET DETERMINED. | sec.gov |
| October 5, 2023 | Amendment | $25,000 | $1,235,000 | February 12, 2024 | UPDATE INVESTMENT PERK INFORMATION WITHIN THE SUMMARY. | sec.gov |
| October 4, 2023 | Amendment | $25,000 | $1,235,000 | February 12, 2024 | DISCLOSE A RELATED PARTY INVESTMENT, INCLUDE A WEBINAR TRANSCRIPT, UPDATE FINANCIAL AND INVESTMENT PERK INFORMATION WITHIN THE SUMMARY AND PITCH DECK. | sec.gov |
| September 14, 2023 | Offering | $25,000 | $1,235,000 | February 12, 2024 | sec.gov |
Updated May 1, 2024. 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.