Data / Crowdfunding / Florida / Nuovo Properties LLC
Nuovo Properties LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Nuovo Properties LLC, a limited liability company in Coral Gables, FL, filed a Form C with the SEC on August 23, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $2,527,723 in revenue and a net loss of $1,392,430, with 1 employees.
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- Website
- www.staynuovo.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 255 GIRALDA AVENUE 5TH FL., Coral Gables, FL 33134
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- August 20, 2015
- SEC CIK
- 0001767930
Offering terms
From the amendment filed August 23, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-U filed February 28, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,527,723 | $5,591,644 | sec.gov |
| Cost of goods sold | $2,987,110 | $6,272,086 | sec.gov |
| Net income | $-1,392,430 | $-2,204,253 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $857,655 | $1,393,099 | sec.gov |
| Cash | $16,437 | $124,686 | sec.gov |
| Accounts receivable | $773 | $16,672 | sec.gov |
| Short-term debt | $1,718,938 | $1,853,883 | sec.gov |
| Long-term debt | $76,175 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 28, 2022 | Progress update | $25,000 | $1,070,000 | April 30, 2022 | The Offering closed successfully on 2/28/2022, having received investment commitments of $85,299.00, although a final accounting has not taken place. | sec.gov |
| August 23, 2021 | Amendment | $25,000 | $1,070,000 | April 30, 2022 | This Form C/A to correct a scrivener's error to the Minimum Individual Purchase Amount and the Offering Deadline. | sec.gov |
| August 20, 2021 | Offering | $25,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated February 28, 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.