Data / Crowdfunding / California / PROBIOTIC LABS, INC.
PROBIOTIC LABS, INC.: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,234,999 (2024)
PROBIOTIC LABS, INC., a corporation in Los Angeles, CA, filed a Form C with the SEC on March 1, 2024 to raise $15,000 to $1,234,999 in common stock through StartEngine Capital, LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $859,342 in revenue and a net loss of $722,890, with 5 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
- vitabowl.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 12454 OXNARD STREET, Los Angeles, CA 91606
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 13, 2019
- SEC CIK
- 0001852645
Offering terms
From the offering filed March 1, 2024.
- Security
- Common Stock
- Price
- $1.26
- Target
- $15,000
- Maximum
- $1,234,999
- Deadline
- April 29, 2024
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed May 1, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $859,342 | $213,858 | sec.gov |
| Cost of goods sold | $698,792 | $211,457 | sec.gov |
| Net income | $-722,890 | $-1,356,219 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $798,791 | $508,907 | sec.gov |
| Cash | $146,837 | $150,526 | sec.gov |
| Accounts receivable | $71,234 | $61,218 | sec.gov |
| Short-term debt | $398,705 | $68,529 | sec.gov |
| Long-term debt | $3,287,296 | $2,759,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2024 | Progress update | $15,000 | $1,234,999 | April 29, 2024 | At the close of the offering, the issuer closed on $53,906.74 and 50,125 number of securities. | sec.gov |
| March 1, 2024 | Offering | $15,000 | $1,234,999 | April 29, 2024 | sec.gov | |
| September 15, 2023 | Withdrawal | Not listed | Not listed | sec.gov | ||
| June 20, 2023 | Offering | $50,000 | $1,235,000 | September 18, 2023 | sec.gov |
Updated May 1, 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.