Data / Crowdfunding / Tennessee / Proof, LLC
Proof, LLC: crowdfunding raise on MainVest, Inc., $50,000 to $150,000 (2021)
Proof, LLC, a limited liability company in Chattanooga, TN, filed a Form C with the SEC on May 25, 2021 to raise $50,000 to $150,000 in debt through MainVest, Inc.. The offering closed on June 29, 2021. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 16 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.proofincubator.com
- Funding portal
- MainVest, Inc.
- Address
- 422 E MARTIN LUTHER KING BLVD, Chattanooga, TN 37403
- Legal form
- Limited Liability Company
- Jurisdiction
- TN
- Incorporated
- January 1, 2020
- SEC CIK
- 0001852190
Offering terms
From the amendment filed May 25, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $150,000
- Deadline
- June 29, 2021
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed July 1, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | 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 |
|---|---|---|---|---|---|---|
| July 1, 2021 | Progress update | $50,000 | $150,000 | June 29, 2021 | At the close of the offering, the issuer closed on $76,200. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| May 25, 2021 | Amendment | $50,000 | $150,000 | June 29, 2021 | Issuer is extending the offering deadline to June 29th, 2021. | sec.gov |
| March 29, 2021 | Offering | $50,000 | $150,000 | May 25, 2021 | sec.gov |
Updated July 1, 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.