Data / Crowdfunding / North Carolina / Livewell Assisted Living, Inc
Livewell Assisted Living, Inc: crowdfunding raise on truCrowd, Inc, $10,000 to $250,000 (2021)
Livewell Assisted Living, Inc, a corporation in Chapel Hill, NC, filed a Form C with the SEC on November 5, 2021 to raise $10,000 to $250,000 in common stock through truCrowd, Inc. The offering closed on February 28, 2022. In its most recent fiscal year it reported $1,893,000 in revenue and a net loss of $315,700, with 30 employees.
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- Website
- www.lwcares.com
- Funding portal
- truCrowd, Inc
- Address
- 6720 PAULINE DRIVE, Chapel Hill, NC 27514
- Legal form
- Corporation
- Jurisdiction
- NC
- Incorporated
- May 9, 2008
- SEC CIK
- 0001817190
Offering terms
From the amendment filed November 5, 2021.
- Security
- Common Stock
- Price
- $0.50
- Target
- $10,000
- Maximum
- $250,000
- Deadline
- February 28, 2022
- Portal compensation
- The intermediary will get paid a success fee of 8%
Financials
From the Form C/A filed November 5, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,893,000 | $1,319,200 | sec.gov |
| Cost of goods sold | $-15,916,000 | $-1,347,900 | sec.gov |
| Net income | $-315,700 | $-568,900 | sec.gov |
| Taxes paid | $193,500 | $348,700 | sec.gov |
| Total assets | $728,601 | $878,324 | sec.gov |
| Cash | $17,896 | $0 | sec.gov |
| Accounts receivable | $45,586 | $68,638 | sec.gov |
| Short-term debt | $129,900 | $429,251 | sec.gov |
| Long-term debt | $896,826 | $858,114 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 5, 2021 | Amendment | $10,000 | $250,000 | February 28, 2022 | Changing offering deadline | sec.gov |
| July 22, 2021 | Amendment | $10,000 | $250,000 | October 29, 2021 | Changing offering deadline | sec.gov |
| April 30, 2021 | Amendment | $10,000 | $250,000 | July 30, 2021 | Changing offering deadline | sec.gov |
| January 29, 2021 | Amendment | $10,000 | $250,000 | April 30, 2021 | Changing offering deadline | sec.gov |
| November 3, 2020 | Amendment | $10,000 | $250,000 | January 31, 2021 | Changing offering deadline | sec.gov |
| August 24, 2020 | Amendment | $10,000 | $250,000 | October 31, 2020 | Including COVID Relief disclosures on the offering statement under item 31 "other material information" in accordance with Regulation Crowdfunding 227.201(z). | sec.gov |
| August 18, 2020 | Amendment | $10,000 | $250,000 | October 31, 2020 | Including more items on debt table to address discrepancy on offering statement between debt table and balance sheet. | sec.gov |
| July 9, 2020 | Offering | $10,000 | $250,000 | October 31, 2020 | sec.gov |
Updated November 5, 2021. 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.