Data / Crowdfunding / Pennsylvania / Remark Glass Ltd
Remark Glass Ltd: crowdfunding raise on Honeycomb Portal LLC, $60,000 to $124,000 (2024)
Remark Glass Ltd, a limited liability company in Philadelphia, PA, filed a Form C with the SEC on June 10, 2024 to raise $60,000 to $124,000 in debt through Honeycomb Portal LLC. The offering closed on July 25, 2024. In its most recent fiscal year it reported $966,950 in revenue and $242,044 in net income, with 21 employees.
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- Website
- www.remarkglass.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 1901 S 9TH STREET B-08, Philadelphia, PA 19148
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- July 14, 2016
- SEC CIK
- 0002025627
Offering terms
From the offering filed June 10, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $60,000
- Maximum
- $124,000
- Deadline
- July 25, 2024
- 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 August 20, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $966,950 | $445,521 | sec.gov |
| Cost of goods sold | $50,264 | $45,819 | sec.gov |
| Net income | $242,044 | $-247,958 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $408,179 | $238,806 | sec.gov |
| Cash | $18,646 | $15,408 | sec.gov |
| Accounts receivable | $310,456 | $166,701 | sec.gov |
| Short-term debt | $433,709 | $477,431 | sec.gov |
| Long-term debt | $7,947 | $11,037 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 20, 2024 | Progress update | $60,000 | $124,000 | July 25, 2024 | Total Amount Raised $124,000 | sec.gov |
| June 10, 2024 | Offering | $60,000 | $124,000 | July 25, 2024 | sec.gov |
Updated August 20, 2024. 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.