Data / Crowdfunding / Illinois / ROOTS & VINE PRODUCE & CAFE, INC
ROOTS & VINE PRODUCE & CAFE, INC: crowdfunding raise on Buy The Block, $68,700 (2020)
ROOTS & VINE PRODUCE & CAFE, INC, a corporation in Chicago, IL, filed a Form C with the SEC on May 26, 2020 to raise $68,700 in common stock through Buy The Block. The offering closed on July 29, 2020. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 1 employees.
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- Website
- rootsandvineinc.com
- Funding portal
- Buy The Block
- Address
- 2016 W. 119TH STREET, Chicago, IL 60643
- Legal form
- Corporation
- Jurisdiction
- IL
- Incorporated
- July 24, 2018
- SEC CIK
- 0001752109
Offering terms
From the amendment filed May 26, 2020.
- Security
- Common Stock
- Price
- $20.00
- Target
- $68,700
- Deadline
- July 29, 2020
- Portal compensation
- The intermediary will receive 4.5% of the total raise.
Financials
From the Form C/A filed May 26, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $35,236 | $2,300 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $130,000 | sec.gov |
| Cash | $0 | $5,400 | sec.gov |
| Accounts receivable | $35,236 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $54,000 | $60,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 26, 2020 | Amendment | $68,700 | Not listed | July 29, 2020 | Offer extended an additional 60 days to give more time to raise the goal. Investors notified of this extension and given the option for refund. Offer memo updated to reflect extension as well. | sec.gov |
| February 27, 2020 | Offering | $68,700 | Not listed | June 1, 2020 | sec.gov | |
| January 9, 2020 | Amendment | $107,000 | $107,000 | March 31, 2020 | This offer is being extended to reach the goal of 107,000. The successfully reached its in minimum goal. | sec.gov |
| April 10, 2019 | Progress update | $32,000 | $107,000 | May 1, 2019 | Offer ended on 4/01/2019 with 138 investors. | sec.gov |
| March 5, 2019 | Amendment | $32,000 | $107,000 | May 1, 2019 | Extension of offer. | sec.gov |
| December 6, 2018 | Amendment | $32,000 | $107,000 | March 1, 2019 | Regulation Crowdfunding Rule 201 disclosures updates part 2. | sec.gov |
| November 19, 2018 | Amendment | $32,000 | $107,000 | March 1, 2019 | Regulation Crowdfunding Rule 201 disclosures updates. | sec.gov |
| November 19, 2018 | Amendment | $32,000 | $107,000 | March 1, 2019 | Regulation Crowdfunding Rule 201 disclosures updates. | sec.gov |
| September 11, 2018 | Offering | $107,000 | $535,000 | March 31, 2019 | sec.gov |
Updated May 26, 2020. 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.