Data / Crowdfunding / Ohio / Modtempo LLC
Modtempo LLC: crowdfunding raise on Honeycomb Portal LLC, $15,000 to $43,500 (2020)
Modtempo LLC, a limited liability company in Cleveland, OH, filed a Form C with the SEC on April 30, 2020 to raise $15,000 to $43,500 in debt through Honeycomb Portal LLC. The offering closed on June 15, 2020. In its most recent fiscal year it reported $81,799 in revenue and $12,848 in net income, with 15 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.modtempo.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 1901 TRAIN AVE, Cleveland, OH 44102
- Legal form
- Limited Liability Company
- Jurisdiction
- OH
- Incorporated
- July 14, 2013
- SEC CIK
- 0001808606
Offering terms
From the amendment filed April 30, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $15,000
- Maximum
- $43,500
- Deadline
- June 15, 2020
- Portal compensation
- 8.0% of total offering. $250 posting fee. 1.4% investor fee capped at $37.25
Financials
From the Form C/A filed April 30, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $81,799 | $220,790 | sec.gov |
| Cost of goods sold | $32,478 | $241,332 | sec.gov |
| Net income | $12,848 | $-166,405 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,236,731 | $1,775 | sec.gov |
| Cash | $3,372 | $1,775 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $34,097 | $8,790 | sec.gov |
| Long-term debt | $1,214,499 | $33,048 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2020 | Amendment | $15,000 | $43,500 | June 15, 2020 | correction to Jurisdiction of Incorporation | sec.gov |
| April 29, 2020 | Offering | $15,000 | $43,500 | June 15, 2020 | sec.gov |
Updated April 30, 2020. 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.