Data / Crowdfunding / Utah / Mountain West Cider Company, Inc.
Mountain West Cider Company, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
Mountain West Cider Company, Inc., a corporation in Salt Lake City, UT, filed a Form C with the SEC on September 10, 2021 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on October 14, 2021. In its most recent fiscal year it reported $763,288 in revenue and $15,543 in net income, with 15 employees.
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- Website
- mountainwestcider.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 425 N 400 W, Salt Lake City, UT 84103
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 14, 2014
- SEC CIK
- 0001822753
Offering terms
From the amendment filed September 10, 2021.
- Security
- Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- October 14, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-AR filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $763,288 | $554,101 | sec.gov |
| Cost of goods sold | $427,094 | $319,811 | sec.gov |
| Net income | $15,543 | $-145,551 | sec.gov |
| Taxes paid | $12,661 | $21,265 | sec.gov |
| Total assets | $943,869 | $581,805 | sec.gov |
| Cash | $407,644 | $38,485 | sec.gov |
| Accounts receivable | $28,904 | $0 | sec.gov |
| Short-term debt | $156,373 | $193,906 | sec.gov |
| Long-term debt | $572,250 | $206,079 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 1, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 1, 2022 | Progress update | $10,000 | $1,070,000 | October 14, 2021 | At the close of the offering, the issuer closed on $81,664.58 and 86,291 shares of common stock. | sec.gov |
| October 18, 2021 | Progress update | $10,000 | $1,070,000 | October 14, 2021 | At the close of the offering, the issuer closed on $68,882.33 and 73,146 shares of common stock. | sec.gov |
| September 10, 2021 | Amendment | $10,000 | $1,070,000 | October 14, 2021 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| July 23, 2021 | Amendment | $10,000 | $1,070,000 | September 14, 2021 | The issuer updated their perks for the offering. | sec.gov |
| March 22, 2021 | Offering | $10,000 | $1,070,000 | September 14, 2021 | sec.gov |
Updated March 1, 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.