Data / Crowdfunding / California / Rize Up Bakery LLC
Rize Up Bakery LLC: crowdfunding raise on SMBX, Inc., $150,000 to $350,000 (2023)
Rize Up Bakery LLC, a limited liability company in San Francisco, CA, filed a Form C with the SEC on February 22, 2023 to raise $150,000 to $350,000 in debt through SMBX, Inc.. The offering closed on March 2, 2023. In its most recent fiscal year it reported $664,494 in revenue and a net loss of $99,423, with 18 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
- rizeupsourdough.com
- Funding portal
- SMBX, Inc.
- Address
- 1160 HOWARD STREET, San Francisco, CA 94118
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- January 20, 2021
- SEC CIK
- 0001957946
Offering terms
From the amendment filed February 22, 2023.
- Security
- Debt
- Price
- $10.00
- Target
- $150,000
- Maximum
- $350,000
- Deadline
- March 2, 2023
- Portal compensation
- SMBX will be charging a capital raise fee of 4.00% (up to $14,000 based on the total amount raised).
Financials
From the Form C/A filed February 22, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $664,494 | $241,229 | sec.gov |
| Cost of goods sold | $401,224 | $120,070 | sec.gov |
| Net income | $-99,423 | $-73,593 | sec.gov |
| Taxes paid | $3,219 | $3,154 | sec.gov |
| Total assets | $348,260 | $148,859 | sec.gov |
| Cash | $76,910 | $22,658 | sec.gov |
| Accounts receivable | $7,049 | $282 | sec.gov |
| Short-term debt | $41,264 | $2,283 | sec.gov |
| Long-term debt | $110,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 22, 2023 | Amendment | $150,000 | $350,000 | March 2, 2023 | Revised for material changes on February 21, 2023. Amendment for: a) filing Reviewed financial statements for fiscal years 2022 & 2021 and b) disclosure of related party investment | sec.gov |
| February 1, 2023 | Amendment | $150,000 | $350,000 | March 2, 2023 | Revised for material changes on January 31, 2023 Amendment for: a) extension of offering close date from February 9, 2023 to March 2, 2023 | sec.gov |
| December 13, 2022 | Offering | $150,000 | $350,000 | February 9, 2023 | sec.gov |
Updated February 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.