Data / Crowdfunding / California / Oakland Pro Soccer LLC
Oakland Pro Soccer LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $3,000,000 (2024)
Oakland Pro Soccer LLC, a limited liability company in Oakland, CA, filed a Form C with the SEC on September 12, 2024 to raise $50,000 to $3,000,000 in Class C Membership Interests through Wefunder Portal LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $4,063,284 in revenue and a net loss of $10,118,284, with 50 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.oaklandrootssc.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2744 E 11th Street, Oakland, CA 94601
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- July 11, 2018
- SEC CIK
- 0001984505
Offering terms
From the amendment filed September 12, 2024.
- Security
- Class C Membership Interests
- Price
- $100.00
- Target
- $50,000
- Maximum
- $3,000,000
- Deadline
- April 30, 2025
- Portal compensation
- 6.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C/A filed September 12, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,063,284 | $3,775,068 | sec.gov |
| Cost of goods sold | $293,759 | $492,247 | sec.gov |
| Net income | $-10,118,284 | $-9,946,863 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $9,151,089 | $7,436,939 | sec.gov |
| Cash | $858,870 | $777,596 | sec.gov |
| Accounts receivable | $201,879 | $125,208 | sec.gov |
| Short-term debt | $2,144,981 | $1,023,946 | sec.gov |
| Long-term debt | $9,688,453 | $9,654,806 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 12, 2024 | Amendment | $50,000 | $3,000,000 | April 30, 2025 | Adjusting SPV Subscription Agreement | sec.gov |
| August 12, 2024 | Offering | $50,000 | $3,000,000 | April 30, 2025 | sec.gov | |
| August 12, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| October 10, 2023 | Amendment | $51,480 | $4,993,560 | April 29, 2024 | Updating pre-money valuation calculation. | sec.gov |
| August 18, 2023 | Offering | $51,480 | $4,993,560 | April 29, 2024 | sec.gov |
Updated September 12, 2024. 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.