Data / Crowdfunding / South Carolina / LokDon, LLC
LokDon, LLC: crowdfunding raise on PicMii Crowdfunding LLC, $10,000 to $250,000 (2021)
LokDon, LLC, a limited liability company in Colombia, SC, filed a Form C with the SEC on November 18, 2021 to raise $10,000 to $250,000 in SAFE (Simple Agreement for Future Equity) with a valuation cap of $6,000,000. through PicMii Crowdfunding LLC. The offering closed on January 31, 2022. In its most recent fiscal year it reported $70,436 in revenue and $0 in net income, with 14 employees.
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- Website
- lokdon.com
- Funding portal
- PicMii Crowdfunding LLC
- Address
- 1225 LAUREL STREET UNIT 408, Colombia, SC 29201
- Legal form
- Limited Liability Company
- Jurisdiction
- SC
- Incorporated
- February 3, 2017
- SEC CIK
- 0001885738
Offering terms
From the amendment filed November 18, 2021.
- Security
- SAFE (Simple Agreement for Future Equity) with a valuation cap of $6,000,000.
- Price
- $1.00
- Target
- $10,000
- Maximum
- $250,000
- Deadline
- January 31, 2022
- Portal compensation
- PicMii is a FINRA/SEC registered funding portal and will receive cash compensation equal to 4.5% of the value of the securities sold through Regulation CF.
Financials
From the Form C/A filed November 18, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $70,436 | $12,400 | sec.gov |
| Cost of goods sold | $21,000 | $72,000 | sec.gov |
| Net income | $0 | $8,600 | sec.gov |
| Taxes paid | $0 | $3,728 | sec.gov |
| Total assets | $70,436 | $12,400 | sec.gov |
| Cash | $1,500 | $0 | sec.gov |
| Accounts receivable | $8,000 | $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 |
|---|---|---|---|---|---|---|
| November 18, 2021 | Amendment | $10,000 | $250,000 | January 31, 2022 | LokDon's offering statement was previously accidentally left off of the submission in place of another document. This amendment is putting their offering statement into the Form C. The offering has not gone live, so there are no investors affected. | sec.gov |
| November 12, 2021 | Offering | $10,000 | $250,000 | January 31, 2022 | sec.gov |
Updated November 18, 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.