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Data / Crowdfunding / Illinois / QUAS LLC

QUAS LLC: crowdfunding raise on MainVest, Inc., $15,000 to $70,000 (2022)

QUAS LLC, a limited liability company in Flossmoor, IL, filed a Form C with the SEC on September 12, 2022 to raise $15,000 to $70,000 in debt through MainVest, Inc.. The offering closed on November 18, 2022. In its most recent fiscal year it reported $2,664 in revenue and a net loss of $18,706, with 1 employees.

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Website
www.quasbrewpub.com
Funding portal
MainVest, Inc.
Address
3118 ELAINE CT, Flossmoor, IL 60422
Legal form
Limited Liability Company
Jurisdiction
IL
Incorporated
November 28, 2018
SEC CIK
0001916548

Offering terms

From the offering filed September 12, 2022.

Security
Debt
Price
$1.00
Target
$15,000
Maximum
$70,000
Deadline
November 18, 2022
Portal compensation
MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.

Financials

From the Form C-U filed November 21, 2022.

Most recent fiscal yearPrior fiscal yearSource
Revenue$2,664$0sec.gov
Cost of goods sold$452$0sec.gov
Net income$-18,706$-77sec.gov
Taxes paid$0$0sec.gov
Total assets$31,708$0sec.gov
Cash$3,644$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$0$0sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
November 21, 2022Progress update$15,000$70,000November 18, 2022At the close of the offering, the issuer closed on $27,100. The funds are currently being processed. The actual amount may be lower.sec.gov
September 12, 2022Offering$15,000$70,000November 18, 2022sec.gov
August 11, 2022Progress update$100,000$250,000August 3, 2022At the close of the offering, the issuer closed on $36,300. The funds are currently being processed. The actual amount may be lower.sec.gov
June 3, 2022Amendment$100,000$250,000August 3, 2022Issuer is extending deadline to invest. Issuer is lowering target offering amount. Issuer is adjusting terms to correspond with new target amount.sec.gov
March 16, 2022Offering$100,000$250,000June 3, 2022sec.gov

All filings on sec.gov

Updated November 21, 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.