Data / Crowdfunding / New York / Lotus Garden NY LLC
Lotus Garden NY LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $124,000 (2024)
Lotus Garden NY LLC, a limited liability company in Cambridge, NY, filed a Form C with the SEC on April 9, 2024 to raise $25,000 to $124,000 in debt through Honeycomb Portal LLC. The offering closed on April 18, 2024. In its most recent fiscal year it reported $289,045 in revenue and $83,706 in net income, with 1 employees.
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- Website
- www.sowiloretreat.us
- Funding portal
- Honeycomb Portal LLC
- Address
- 560 Cobble Road, Cambridge, NY 12816
- Legal form
- Limited Liability Company
- Jurisdiction
- NY
- Incorporated
- June 4, 2021
- SEC CIK
- 0002010419
Offering terms
From the amendment filed April 9, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $124,000
- Deadline
- April 18, 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-AR filed April 20, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $289,045 | $0 | sec.gov |
| Cost of goods sold | $733 | $0 | sec.gov |
| Net income | $83,706 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $666,985 | $0 | sec.gov |
| Cash | $52,992 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $110,990 | $0 | sec.gov |
| Long-term debt | $41,719 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 20, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 24, 2024 | Progress update | $25,000 | $124,000 | April 18, 2024 | Total raised $25,000 | sec.gov |
| April 9, 2024 | Amendment | $25,000 | $124,000 | April 18, 2024 | Amendment to extend deadline to reach target offering amount, and lowering target offering amount. | sec.gov |
| February 23, 2024 | Offering | $60,000 | $124,000 | April 11, 2024 | sec.gov |
Updated April 20, 2026. 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.