Data / Crowdfunding / California / Pensacola Ventures LLC
Pensacola Ventures LLC: crowdfunding raise on Caravan Funds Portal LLC, $600,000 to $1,200,000 (2023)
Pensacola Ventures LLC, a limited liability company in Richmond, CA, filed a Form C with the SEC on November 3, 2023 to raise $600,000 to $1,200,000 in preferred stock through Caravan Funds Portal LLC. The offering closed on January 1, 2024. In its most recent fiscal year it reported $24,515 in revenue and a net loss of $116,371, 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
- pensacolaventures.com
- Funding portal
- Caravan Funds Portal LLC
- Address
- 6221 PLYMOUTH AVE, Richmond, CA 94805
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- August 22, 2022
- SEC CIK
- 0001946069
Offering terms
From the amendment filed November 3, 2023.
- Security
- Preferred Stock
- Price
- $1,000.00
- Target
- $600,000
- Maximum
- $1,200,000
- Deadline
- January 1, 2024
- Portal compensation
- $18,050 to $34,850 is the estimated range for compensation to the intermediary. The intermediary will charge $1,250 up front, plus 2.8% of the successful raise.
Financials
From the Form C-AR/A filed June 7, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $24,515 | $21,535 | sec.gov |
| Cost of goods sold | $124,552 | $54,025 | sec.gov |
| Net income | $-116,371 | $-37,490 | sec.gov |
| Taxes paid | $2,025 | $19,950 | sec.gov |
| Total assets | $1,054,797 | $810,510 | sec.gov |
| Cash | $26,292 | $22,651 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $6,658 | $0 | sec.gov |
| Long-term debt | $14,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 7, 2024 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| November 3, 2023 | Amendment | $600,000 | $1,200,000 | January 1, 2024 | update to offering circular | sec.gov |
| November 2, 2023 | Amendment | $600,000 | $1,200,000 | January 1, 2024 | update to offering circular | sec.gov |
| October 18, 2023 | Amendment | $600,000 | $1,200,000 | January 1, 2024 | Change to dates | sec.gov |
| August 23, 2023 | Amendment | $600,000 | $1,200,000 | November 1, 2023 | Change to minimum and oversubscription amounts. Change to dates | sec.gov |
| April 19, 2023 | Offering | $600,000 | $1,000,000 | November 1, 2023 | sec.gov |
Updated June 7, 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.