Data / Crowdfunding / Pennsylvania / Open Road Bar LLC
Open Road Bar LLC: crowdfunding raise on Honeycomb Portal LLC, $50,000 to $122,426 (2024)
Open Road Bar LLC, a limited liability company in Pittsburgh, PA, filed a Form C with the SEC on December 23, 2024 to raise $50,000 to $122,426 in debt through Honeycomb Portal LLC. The offering closed on January 6, 2025. In its most recent fiscal year it reported $303,523 in revenue and a net loss of $1,788, with 3 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
- openroadbarpgh.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 404 MARIE AVE, Pittsburgh, PA 15202
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- January 1, 2020
- SEC CIK
- 0002044644
Offering terms
From the amendment filed December 23, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $122,426
- Deadline
- January 6, 2025
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to $50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed January 27, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $303,523 | $184,592 | sec.gov |
| Cost of goods sold | $182,542 | $120,063 | sec.gov |
| Net income | $-1,788 | $12,241 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $50,055 | $32,117 | sec.gov |
| Cash | $16,916 | $12,590 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $324 | $-1,893 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 27, 2025 | Progress update | $50,000 | $122,426 | January 6, 2025 | Total Amount Raised $122,426.92 | sec.gov |
| December 30, 2024 | Progress update | $50,000 | $122,426 | January 6, 2025 | Total Amount Raised $122,426.92 | sec.gov |
| December 23, 2024 | Amendment | $50,000 | $122,426 | January 6, 2025 | Target maximum updated | sec.gov |
| November 13, 2024 | Offering | $50,000 | $120,000 | January 6, 2025 | sec.gov |
Updated January 27, 2025. 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.