Data / Crowdfunding / California / Olino Inc
Olino Inc: crowdfunding raise on SMBX, Inc., $10,000 to $124,000 (2024)
Olino Inc, a corporation in Sausalito, CA, filed a Form C with the SEC on October 4, 2024 to raise $10,000 to $124,000 in debt through SMBX, Inc.. The offering closed on November 19, 2024. In its most recent fiscal year it reported $2,485,446 in revenue and $1,793 in net income, with 31 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.legaragesausalito.com
- Funding portal
- SMBX, Inc.
- Address
- 85 LIBERTY SHIP WAY STE 109, Sausalito, CA 94965
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- May 14, 2009
- SEC CIK
- 0002039089
Offering terms
From the offering filed October 4, 2024.
- Security
- Debt
- Price
- $10.00
- Target
- $10,000
- Maximum
- $124,000
- Deadline
- November 19, 2024
- Portal compensation
- SMBX will be charging a capital raise fee of 6.00% (up to $7,440 based on the total amount raised). Every month until the security is paid off, SMBX will also be charging a $50.00 payment processing fee to the Issuer.
Financials
From the Form C filed October 4, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,485,446 | $2,607,029 | sec.gov |
| Cost of goods sold | $715,893 | $831,136 | sec.gov |
| Net income | $1,793 | $-162,779 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $215,467 | $234,768 | sec.gov |
| Cash | $76,130 | $153,388 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $216,899 | $253,938 | sec.gov |
| Long-term debt | $71,325 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 4, 2024 | Offering | $10,000 | $124,000 | November 19, 2024 | sec.gov |
Updated October 4, 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.