Data / Crowdfunding / Montana / New Moon Clothing, Inc.
New Moon Clothing, Inc.: crowdfunding raise on MiTec, PBC, $50,000 to $500,000 (2019)
New Moon Clothing, Inc., a corporation in Butte, MT, filed a Form C with the SEC on April 15, 2019 to raise $50,000 to $500,000 in debt through MiTec, PBC. The offering closed on June 15, 2019. In its most recent fiscal year it reported $2,047 in revenue and a net loss of $84,496.
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- Website
- purseforthepeople.com
- Funding portal
- MiTec, PBC
- Address
- 2418 LOCUST ST., Butte, MT 59701
- Legal form
- Corporation
- Jurisdiction
- MT
- Incorporated
- May 7, 2015
- SEC CIK
- 0001760272
Offering terms
From the amendment filed April 15, 2019.
- Security
- Debt
- Target
- $50,000
- Maximum
- $500,000
- Deadline
- June 15, 2019
- Portal compensation
- 6.5% of offering proceeds that are actually distributed to the issuer
Financials
From the Form C/A filed April 15, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,047 | $1,340 | sec.gov |
| Cost of goods sold | $4,519 | $14,930 | sec.gov |
| Net income | $-84,496 | $-64,771 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $34,811 | $51,385 | sec.gov |
| Cash | $0 | $12,353 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,331 | $9,995 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 15, 2019 | Amendment | $50,000 | $500,000 | June 15, 2019 | Added 2018 financials & offering; updated related party info, financial condition info, ownership, debt & use of proceeds; new conversion price; new executive summary; added pitch deck; replaced campaign page & testimonial transcript; extended deadline. | sec.gov |
| March 1, 2019 | Amendment | $50,000 | $500,000 | April 30, 2019 | Clarifications in financial condition discussion and securities description; adding forward-looking statement disclosure; addition of campaign page and video transcript exhibits; including DBA name; removing pitch deck; replacing executive summary. | sec.gov |
| January 28, 2019 | Offering | $50,000 | $500,000 | April 30, 2019 | sec.gov |
Updated April 15, 2019. 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.