Data / Crowdfunding / New Hampshire / MODESTMAN BREWING, LLC
MODESTMAN BREWING, LLC: crowdfunding raise on MainVest, Inc., $100,000 to $250,000 (2022)
MODESTMAN BREWING, LLC, a limited liability company in Keene, NH, filed a Form C with the SEC on April 15, 2022 to raise $100,000 to $250,000 in debt through MainVest, Inc.. The offering closed on April 29, 2022. In its most recent fiscal year it reported $684,684 in revenue and a net loss of $15,479, with 14 employees.
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- Website
- www.modestmanbrewing.com
- Funding portal
- MainVest, Inc.
- Address
- 100 MAIN ST, Keene, NH 03431
- Legal form
- Limited Liability Company
- Jurisdiction
- NH
- Incorporated
- February 1, 2019
- SEC CIK
- 0001903960
Offering terms
From the amendment filed April 15, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $100,000
- Maximum
- $250,000
- Deadline
- April 29, 2022
- Portal compensation
- MainVest will be paid Three (3) Percent of the amount of the Offering raised by First Time 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 May 6, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $684,684 | $66,478 | sec.gov |
| Cost of goods sold | $250,288 | $49,442 | sec.gov |
| Net income | $-15,479 | $-311,477 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2022 | Progress update | $100,000 | $250,000 | April 29, 2022 | At the close of the offering, the issuer closed on $149,300. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| April 15, 2022 | Amendment | $100,000 | $250,000 | April 29, 2022 | Issuer is lowering the target offering amount. Issuer is adjusting the use of funds and revenue share percentage to correspond with new target offering amount. | sec.gov |
| January 18, 2022 | Offering | $171,000 | $250,000 | April 29, 2022 | 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.