Data / Crowdfunding / Illinois / LINDA'S SHOP INC
LINDA'S SHOP INC: crowdfunding raise on Honeycomb Portal LLC, $250,000 (2023)
LINDA'S SHOP INC, a corporation in Chicago, IL, filed a Form C with the SEC on December 28, 2023 to raise $250,000 in debt through Honeycomb Portal LLC. The offering closed on February 1, 2024. In its most recent fiscal year it reported $97,976 in revenue and $2,349 in net income, with 2 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
- gemzandboardz.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 3101 W MONTROSE AVE, Chicago, IL 60618
- Legal form
- Corporation
- Jurisdiction
- IL
- Incorporated
- September 13, 2019
- SEC CIK
- 0001997958
Offering terms
From the amendment filed December 28, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $250,000
- Maximum
- $80,000
- Deadline
- February 1, 2024
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed February 9, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $97,976 | $84,783 | sec.gov |
| Cost of goods sold | $28,619 | $9,778 | sec.gov |
| Net income | $2,349 | $1,757 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $29,740 | $23,416 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 9, 2024 | Progress update | $250,000 | $80,000 | February 1, 2024 | Total amount raised $26,301 | sec.gov |
| December 28, 2023 | Amendment | $250,000 | $80,000 | February 1, 2024 | Target amount lowered to $25,000, Extended to 2/1/2024 | sec.gov |
| December 18, 2023 | Amendment | $250,000 | $80,000 | January 1, 2024 | Target amount lowered to $25,000 | sec.gov |
| November 3, 2023 | Offering | $40,000 | $80,000 | December 18, 2023 | sec.gov |
Updated February 9, 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.