Data / Crowdfunding / Connecticut / Lynx City LLC
Lynx City LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Lynx City LLC, a limited liability company in Bethel, CT, filed a Form C with the SEC on February 17, 2021 to raise $25,000 to $1,070,000 in Crowd Safe (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2021. In its most recent fiscal year it reported $281,438 in revenue and a net loss of $167,717, with 5 employees.
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- Website
- www.lynx.city
- Funding portal
- OpenDeal Portal LLC
- Address
- 102 WOOSTER ST A5, Bethel, CT 06801
- Legal form
- Limited Liability Company
- Jurisdiction
- CT
- Incorporated
- May 3, 2019
- SEC CIK
- 0001835459
Offering terms
From the offering filed February 17, 2021.
- Security
- Crowd Safe (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2021
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 27, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $281,438 | $557,783 | sec.gov |
| Cost of goods sold | $37,532 | $24,293 | sec.gov |
| Net income | $-167,717 | $-219,851 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $379,909 | $236,567 | sec.gov |
| Cash | $29,215 | $2,967 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $259,757 | $25,098 | sec.gov |
| Long-term debt | $69,906 | $43,621 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 27, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 17, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 4, 2021 | Progress update | $25,000 | $1,070,000 | April 30, 2021 | The Offering was successful as of its deadline, April 30, 2021, having received investment commitments of $69,515 although a final accounting has not taken place. | sec.gov |
| February 17, 2021 | Offering | $25,000 | $1,070,000 | April 30, 2021 | sec.gov |
Updated May 6, 2022. 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.