Data / Crowdfunding / Maine / Needfire LLC
Needfire LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $100,000 (2022)
Needfire LLC, a limited liability company in Portland, ME, filed a Form C with the SEC on July 11, 2022 to raise $25,000 to $100,000 in debt through Honeycomb Portal LLC. The offering closed on July 31, 2022. In its most recent fiscal year it reported $75,839 in revenue and $29,370 in net income, with 5 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.needfirecandleco.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 116 FREE ST, Portland, ME 04101
- Legal form
- Limited Liability Company
- Jurisdiction
- ME
- Incorporated
- July 23, 2020
- SEC CIK
- 0001929443
Offering terms
From the amendment filed July 11, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- July 31, 2022
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed August 9, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $75,839 | $44,663 | sec.gov |
| Cost of goods sold | $2,032 | $3,874 | sec.gov |
| Net income | $29,370 | $1,138 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $65,058 | $15,616 | sec.gov |
| Cash | $44,222 | $3,632 | sec.gov |
| Accounts receivable | $3,738 | $3,618 | sec.gov |
| Short-term debt | $3,229 | $3,229 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 9, 2022 | Progress update | $25,000 | $100,000 | July 31, 2022 | Total raised $25,526 | sec.gov |
| July 11, 2022 | Amendment | $25,000 | $100,000 | July 31, 2022 | Target end date changed to 7/31/2022 | sec.gov |
| May 25, 2022 | Offering | $25,000 | $100,000 | July 11, 2022 | sec.gov |
Updated August 9, 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.