Data / Crowdfunding / Texas / Liz Bakes Cakes LLC
Liz Bakes Cakes LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $124,000 (2024)
Liz Bakes Cakes LLC, a limited liability company in Houston, TX, filed a Form C with the SEC on August 27, 2024 to raise $50,000 to $124,000 in Convertible Note The company will convert to a Corporation before the end of the offering period. through Wefunder Portal LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $2,792,661 in revenue and a net loss of $294,224, with 7 employees.
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- Website
- sprinklepop.shop
- Funding portal
- Wefunder Portal LLC
- Address
- 10161 Harwin Dr Suite 115, Houston, TX 77036
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- May 4, 2017
- SEC CIK
- 0002034328
Offering terms
From the offering filed August 27, 2024.
- Security
- Convertible Note The company will convert to a Corporation before the end of the offering period.
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- April 30, 2025
- Portal compensation
- 7.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed August 27, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,792,661 | $3,099,566 | sec.gov |
| Cost of goods sold | $1,147,759 | $1,615,443 | sec.gov |
| Net income | $-294,224 | $-652,729 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $372,716 | $253,319 | sec.gov |
| Cash | $98,362 | $18,212 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $563,519 | $500,468 | sec.gov |
| Long-term debt | $1,166,733 | $815,754 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 27, 2024 | Offering | $50,000 | $124,000 | April 30, 2025 | sec.gov |
Updated August 27, 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.