Data / Crowdfunding / District of Columbia / MG LLC
MG LLC: crowdfunding raise on SMBX, Inc., $10,000 to $40,000 (2023)
MG LLC, a limited liability company in Washington, DC, filed a Form C with the SEC on July 20, 2023 to raise $10,000 to $40,000 in debt through SMBX, Inc.. The offering closed on August 17, 2023. In its most recent fiscal year it reported $87,053 in revenue and a net loss of $5,623, with 1 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.donisimadonuts.com
- Funding portal
- SMBX, Inc.
- Address
- 320 FLORIDA AVE NE APT 311, Washington, DC 20002
- Legal form
- Limited Liability Company
- Jurisdiction
- DC
- Incorporated
- December 16, 2021
- SEC CIK
- 0001985415
Offering terms
From the offering filed July 20, 2023.
- Security
- Debt
- Price
- $10.00
- Target
- $10,000
- Maximum
- $40,000
- Deadline
- August 17, 2023
- Portal compensation
- SMBX will not be charging a capital raise fee as these bonds are part of the DC Rebuild program
Financials
From the Form C filed July 20, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $87,053 | $0 | sec.gov |
| Cost of goods sold | $46,906 | $0 | sec.gov |
| Net income | $-5,623 | $-6,896 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $451 | $0 | sec.gov |
| Cash | $451 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $816 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 20, 2023 | Offering | $10,000 | $40,000 | August 17, 2023 | sec.gov |
Updated July 20, 2023. 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.