Data / Crowdfunding / Illinois / Ludex, LLC
Ludex, LLC: crowdfunding raise on Wefunder Portal LLC, $400,000 to $5,000,000 (2024)
Ludex, LLC, a limited liability company in Chicago, IL, filed a Form C with the SEC on April 23, 2024 to raise $400,000 to $5,000,000 in Class B membership units through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $72,258 in revenue and a net loss of $3,265,119, with 14 employees.
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- Website
- www.ludex.com
- Funding portal
- Wefunder Portal LLC
- Address
- 223 West Erie, Chicago, IL 60654
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- February 22, 2021
- SEC CIK
- 0001886949
Offering terms
From the amendment filed April 23, 2024.
- Security
- Class B membership units
- Price
- $1.91
- Target
- $400,000
- Maximum
- $5,000,000
- Deadline
- April 29, 2024
- Portal compensation
- 6.5% 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/A filed April 23, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $72,258 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-3,265,119 | $-1,043,506 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,208,023 | $4,258,785 | sec.gov |
| Cash | $107,199 | $3,076,697 | sec.gov |
| Accounts receivable | $12,094 | $0 | sec.gov |
| Short-term debt | $499,744 | $51,496 | sec.gov |
| Long-term debt | $1,765,109 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 23, 2024 | Amendment | $400,000 | $5,000,000 | April 29, 2024 | Lowering valuation cap. | sec.gov |
| March 12, 2024 | Offering | $400,000 | $5,000,000 | April 29, 2024 | sec.gov |
Updated April 23, 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.