Data / Crowdfunding / Texas / Reimagining The Thing Formerly Known as The Box LLC
Reimagining The Thing Formerly Known as The Box LLC: crowdfunding raise on NextSeed US LLC, $50,000 to $100,000 (2017)
Reimagining The Thing Formerly Known as The Box LLC, a limited liability company in Austin, TX, filed a Form C with the SEC on May 11, 2017 to raise $50,000 to $100,000 in debt through NextSeed US LLC. The offering closed on July 3, 2017. In its most recent fiscal year it reported $5,310 in revenue and a net loss of $90,918.
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- Website
- utopianshift.com
- Funding portal
- NextSeed US LLC
- Address
- 2600 ESPERANZA XING #6429, Austin, TX 78758
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- July 7, 2016
- SEC CIK
- 0001701604
Offering terms
From the offering filed May 11, 2017.
- Security
- Debt
- Target
- $50,000
- Maximum
- $100,000
- Deadline
- July 3, 2017
- Portal compensation
- NextSeed charges the Issuer 10% of the total offering amount as compensation for its services provided in connection with the offering, provided that NextSeed will only charge 5% for funds raised from investors referred by the Issuer.
Financials
From the Form C-AR filed April 27, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,310 | $0 | sec.gov |
| Cost of goods sold | $3,985 | $0 | sec.gov |
| Net income | $-90,918 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $27,108 | $0 | sec.gov |
| Cash | $6,607 | $0 | sec.gov |
| Accounts receivable | $194 | $0 | sec.gov |
| Short-term debt | $1,171 | $0 | sec.gov |
| Long-term debt | $108,015 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| July 12, 2017 | Progress update | $50,000 | $100,000 | July 3, 2017 | The issuer has raised an amount of $95,500. The actual processing time may take longer, and the final amount may be lower. | sec.gov |
| May 11, 2017 | Offering | $50,000 | $100,000 | July 3, 2017 | sec.gov |
Updated April 27, 2018. 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.