Data / Crowdfunding / California / Poppy Bagels LLC
Poppy Bagels LLC: crowdfunding raise on SMBX, Inc., $50,000 to $150,000 (2022)
Poppy Bagels LLC, a limited liability company in Oakland, CA, filed a Form C with the SEC on February 22, 2022 to raise $50,000 to $150,000 in debt through SMBX, Inc.. The offering closed on April 25, 2022. In its most recent fiscal year it reported $194,278 in revenue and $58,761 in net income, 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
- www.poppybagelssf.com
- Funding portal
- SMBX, Inc.
- Address
- 5228 BROADWAY TERR APT 2, Oakland, CA 94618
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- July 1, 2021
- SEC CIK
- 0001911232
Offering terms
From the amendment filed February 22, 2022.
- Security
- Debt
- Price
- $10.00
- Target
- $50,000
- Maximum
- $150,000
- Deadline
- April 25, 2022
- Portal compensation
- SMBX will be charging a capital raise fee of 3.5% (up to $5,250 based on the total amount raised).
Financials
From the Form C-AR filed May 25, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $194,278 | $51,968 | sec.gov |
| Cost of goods sold | $39,098 | $12,885 | sec.gov |
| Net income | $58,761 | $11,066 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $62,515 | $28,249 | sec.gov |
| Cash | $61,047 | $28,249 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 25, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 25, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 22, 2022 | Amendment | $50,000 | $150,000 | April 25, 2022 | Not a material change. Changing the photo image on the offering summary document. | sec.gov |
| February 22, 2022 | Offering | $50,000 | $150,000 | April 25, 2022 | sec.gov |
Updated May 25, 2022. 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.