Data / Crowdfunding / Pennsylvania / Redcrest LLC
Redcrest LLC: crowdfunding raise on Honeycomb Portal LLC, $50,000 to $90,000 (2023)
Redcrest LLC, a limited liability company in Philadelphia, PA, filed a Form C with the SEC on April 25, 2023 to raise $50,000 to $90,000 in debt through Honeycomb Portal LLC. The offering closed on June 9, 2023. In its most recent fiscal year it reported $294,586 in revenue and a net loss of $127,903, with 20 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.redcrest.kitchen.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 244 DICKINSON ST, Philadelphia, PA 19147
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- March 19, 2021
- SEC CIK
- 0001973353
Offering terms
From the offering filed April 25, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $90,000
- Deadline
- June 9, 2023
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed June 22, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $294,586 | $884,230 | sec.gov |
| Cost of goods sold | $102,063 | $279,137 | sec.gov |
| Net income | $-127,903 | $91,810 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $382,349 | $369,045 | sec.gov |
| Cash | $0 | $3,396 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $19,117 | $66,917 | sec.gov |
| Long-term debt | $350,000 | $150,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 22, 2023 | Progress update | $50,000 | $90,000 | June 9, 2023 | Total raised $54,350.00 | sec.gov |
| April 25, 2023 | Offering | $50,000 | $90,000 | June 9, 2023 | sec.gov |
Updated June 22, 2023. 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.