Data / Crowdfunding / New York / Oxalis Food, LLC
Oxalis Food, LLC: crowdfunding raise on NextSeed US LLC, $100,000 to $250,000 (2018)
Oxalis Food, LLC, a limited liability company in Brooklyn, NY, filed a Form C with the SEC on August 3, 2018 to raise $100,000 to $250,000 in debt through NextSeed US LLC. The offering closed on September 6, 2018. In its most recent fiscal year it reported $79,889 in revenue and a net loss of $103,780, with 22 employees.
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- Website
- oxalisnyc.com
- Funding portal
- NextSeed US LLC
- Address
- 936 ST MARKS AVE #3A, Brooklyn, NY 11213
- Legal form
- Limited Liability Company
- Jurisdiction
- NY
- Incorporated
- April 4, 2016
- SEC CIK
- 0001739405
Offering terms
From the amendment filed August 3, 2018.
- Security
- Debt
- Target
- $100,000
- Maximum
- $250,000
- Deadline
- September 6, 2018
- Portal compensation
- NextSeed charges 10% of the total Offering Amount; provided NextSeed will only charge 5% of amount raised from investors that were introduced by the Issuer
Financials
From the Form C-AR filed April 30, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $79,889 | $47,404 | sec.gov |
| Cost of goods sold | $63,584 | $9,840 | sec.gov |
| Net income | $-103,780 | $-7,578 | sec.gov |
| Taxes paid | $4,552 | $0 | sec.gov |
| Total assets | $700,585 | $151,039 | sec.gov |
| Cash | $36,910 | $151,039 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $97,963 | $0 | sec.gov |
| Long-term debt | $128,540 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 3, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| September 13, 2018 | Progress update | $100,000 | $250,000 | September 6, 2018 | Issuer raised $141,500. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower. | sec.gov |
| August 3, 2018 | Amendment | $100,000 | $250,000 | September 6, 2018 | Use of proceeds clarified. | sec.gov |
| June 21, 2018 | Offering | $250,000 | $100,000 | September 6, 2018 | sec.gov |
Updated May 3, 2019. 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.