Data / Crowdfunding / Florida / Modern Rose LLC
Modern Rose LLC: crowdfunding raise on MainVest, Inc., $50,000 to $124,000 (2023)
Modern Rose LLC, a limited liability company in Deerfield Beach, FL, filed a Form C with the SEC on November 21, 2023 to raise $50,000 to $124,000 in debt through MainVest, Inc.. The offering closed on January 12, 2024. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 2 employees.
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- Website
- www.themodernrose.com
- Funding portal
- MainVest, Inc.
- Address
- 331 SE 15TH TER, Deerfield Beach, FL 33441
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- February 1, 2017
- SEC CIK
- 0001982703
Offering terms
From the amendment filed November 21, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- January 12, 2024
- Portal compensation
- MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed January 16, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $642,256 | sec.gov |
| Cost of goods sold | $0 | $193,285 | sec.gov |
| Net income | $0 | $-504 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $41,817 | sec.gov |
| Cash | $0 | $6,104 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $39,536 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 16, 2024 | Progress update | $50,000 | $124,000 | January 12, 2024 | At the close of the offering, the issuer closed on $51,900. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| November 21, 2023 | Amendment | $50,000 | $124,000 | January 12, 2024 | Issuer is amending the target investment amount. Issuer is also amending the terms of the note and the use of funds accordingly. Lastly, Issuer is extending the deadline to make an investment. | sec.gov |
| September 22, 2023 | Amendment | $50,000 | $124,000 | November 24, 2023 | Issuer is amending the target investment amount. Issuer is also amending the terms of the note and the use of funds accordingly. | sec.gov |
| September 18, 2023 | Offering | $75,000 | $124,000 | November 24, 2023 | sec.gov |
Updated January 16, 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.