Data / Crowdfunding / Ohio / Red Feather LLC
Red Feather LLC: crowdfunding raise on Honeycomb Portal LLC, $50,000 to $250,000 (2020)
Red Feather LLC, a limited liability company in Cincinnati, OH, filed a Form C with the SEC on October 19, 2020 to raise $50,000 to $250,000 in debt through Honeycomb Portal LLC. The offering closed on January 6, 2021. In its most recent fiscal year it reported $3,539,597 in revenue and $213,879 in net income, with 7 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
- redfeatherkitchen.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 255 E FIFTH ST, SUITE 2400, Cincinnati, OH 45202
- Legal form
- Limited Liability Company
- Jurisdiction
- OH
- Incorporated
- March 20, 2013
- SEC CIK
- 0001828603
Offering terms
From the offering filed October 19, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- January 6, 2021
- Portal compensation
- Applied at marginal rate based upon amount of total offering: $10,000 - $50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee
Financials
From the Form C-U filed January 11, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,539,597 | $1,897,441 | sec.gov |
| Cost of goods sold | $1,255,845 | $680,359 | sec.gov |
| Net income | $213,879 | $128,366 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $310,719 | $134,279 | sec.gov |
| Cash | $26,255 | $-50,466 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $150,597 | $47,080 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 11, 2021 | Progress update | $50,000 | $250,000 | January 6, 2021 | Offering successful. $57,205 raised, final amount may change. | sec.gov |
| October 19, 2020 | Offering | $50,000 | $250,000 | January 6, 2021 | sec.gov |
Updated January 11, 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.