Data / Crowdfunding / Tennessee / Little Bear LLC
Little Bear LLC: crowdfunding raise on GrowthFountain Capital LLC, $20,000 to $50,000 (2018)
Little Bear LLC, a limited liability company in Chattanooga, TN, filed a Form C with the SEC on July 23, 2018 to raise $20,000 to $50,000 in Revenue Share through GrowthFountain Capital LLC. The offering closed on December 23, 2018. In its most recent fiscal year it reported $0 in revenue and $0 in net income.
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.lilosochx.com
- Funding portal
- GrowthFountain Capital LLC
- Address
- 1302 S. WILLOW AVE, Chattanooga, TN 37404
- Legal form
- Limited Liability Company
- Jurisdiction
- TN
- Incorporated
- November 29, 2017
- SEC CIK
- 0001745081
Offering terms
From the amendment filed July 23, 2018.
- Security
- Revenue Share
- Price
- $500.00
- Target
- $20,000
- Maximum
- $50,000
- Deadline
- December 23, 2018
- Portal compensation
- 6% of the closing amount raised + pass-through and registration fees
Financials
From the Form C-U filed December 26, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $12,500 | $0 | sec.gov |
| Cash | $12,500 | $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 |
|---|---|---|---|---|---|---|
| December 26, 2018 | Progress update | $20,000 | $50,000 | December 23, 2018 | Little Bear LLC successfully completed its offering, selling 20,500 shares to three investors, raising a total of $20,500 in investor capital (prior to paying GrowthFountain's 6% success fee). | sec.gov |
| July 23, 2018 | Amendment | $20,000 | $50,000 | December 23, 2018 | Clearly identified the funding portal's fee, renamed attachments to match form c exhibits, changed "located in" to "intends to locate in"; and changed the language of "backed by" Tennessee Valley Credit Union to "Intends to borrow additional funds." | sec.gov |
| June 28, 2018 | Offering | $20,000 | $50,000 | December 23, 2018 | sec.gov |
Updated December 26, 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.