Data / Crowdfunding / California / Obvious Wines LLC
Obvious Wines LLC: crowdfunding raise on StartEngine Capital, LLC, $9,998 to $1,069,999 (2021)
Obvious Wines LLC, a limited liability company in Venice, CA, filed a Form C with the SEC on March 16, 2021 to raise $9,998 to $1,069,999 in Common Units through StartEngine Capital, LLC. The offering closed on September 14, 2022. In its most recent fiscal year it reported $1,384,221 in revenue and a net loss of $1,361, with 7 employees.
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- Website
- obviouswines.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 245 3RD AVENUE, Venice, CA 90291
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- July 13, 2017
- SEC CIK
- 0001847765
Offering terms
From the offering filed March 16, 2021.
- Security
- Common Units
- Price
- $1.81
- Target
- $9,998
- Maximum
- $1,069,999
- Deadline
- September 14, 2022
- Portal compensation
- 6.0 percent
Financials
From the Form C-U filed March 4, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,384,221 | $1,051,897 | sec.gov |
| Cost of goods sold | $758,696 | $555,911 | sec.gov |
| Net income | $-1,361 | $-124,055 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $791,532 | $389,826 | sec.gov |
| Cash | $201,280 | $166,313 | sec.gov |
| Accounts receivable | $237,494 | $102,443 | sec.gov |
| Short-term debt | $394,908 | $91,841 | sec.gov |
| Long-term debt | $100,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 4, 2022 | Progress update | $9,998 | $1,069,999 | September 14, 2022 | At the close of the offering, the issuer closed on $223,512.37 and 132,849 securities. | sec.gov |
| September 9, 2021 | Progress update | $9,998 | $1,069,999 | September 14, 2022 | At the close of the offering, the issuer closed on $222,997.43 and 137,129 securities. | sec.gov |
| March 16, 2021 | Offering | $9,998 | $1,069,999 | September 14, 2022 | sec.gov |
Updated March 4, 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.