Data / Crowdfunding / California / Out of the Box Collective, Inc.
Out of the Box Collective, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,001 to $199,998 (2019)
Out of the Box Collective, Inc., a corporation in Los Angeles, CA, filed a Form C with the SEC on September 23, 2019 to raise $50,001 to $199,998 in Class B Preferred Stock through Wefunder Portal LLC. The offering closed on January 17, 2020. In its most recent fiscal year it reported $1,285,900 in revenue and $31,883 in net income, with 10 employees.
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- Website
- www.narrativefood.com
- Funding portal
- Wefunder Portal LLC
- Address
- 954 EAST EDGEWARE ROAD, Los Angeles, CA 90026
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- December 1, 2010
- SEC CIK
- 0001783627
Offering terms
From the offering filed September 23, 2019.
- Security
- Class B Preferred Stock
- Price
- $2.00
- Target
- $50,001
- Maximum
- $199,998
- Deadline
- January 17, 2020
- Portal compensation
- 7.5% 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-AR filed April 30, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,285,900 | $431,668 | sec.gov |
| Cost of goods sold | $836,431 | $229,623 | sec.gov |
| Net income | $31,883 | $10,724 | sec.gov |
| Taxes paid | $1,357 | $1,096 | sec.gov |
| Total assets | $208,278 | $31,723 | sec.gov |
| Cash | $176,778 | $223 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $22,382 | $11,716 | sec.gov |
| Long-term debt | $97,600 | $47,362 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| September 23, 2019 | Offering | $50,001 | $199,998 | January 17, 2020 | sec.gov |
Updated April 30, 2021. 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.