Data / Crowdfunding / California / Royalty Partners: 1st Chair LLC
Royalty Partners: 1st Chair LLC: crowdfunding raise on Music Benefactors, $150,000 to $5,000,000 (2021)
Royalty Partners: 1st Chair LLC, a limited liability company in Burbank, CA, filed a Form C with the SEC on October 29, 2021 to raise $150,000 to $5,000,000 in common stock through Music Benefactors. The offering closed on July 1, 2022. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 1 employees.
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- Website
- bestmusicco.org
- Funding portal
- Music Benefactors
- Address
- 303 NORTH GLENOAKS SUITE 200, Burbank, CA 91502
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- April 20, 2021
- SEC CIK
- 0001859079
Offering terms
From the amendment filed October 29, 2021.
- Security
- Common Stock
- Price
- $10.00
- Target
- $150,000
- Maximum
- $5,000,000
- Deadline
- July 1, 2022
- Portal compensation
- Same as stated in Original Offering Statement
Financials
From the Form C/A filed October 29, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 29, 2021 | Amendment | $150,000 | $5,000,000 | July 1, 2022 | Incorrect Issuer Website | sec.gov |
| August 26, 2021 | Amendment | $150,000 | $5,000,000 | July 1, 2022 | Changes to minimum target amount and minimum investment by investors | sec.gov |
| June 7, 2021 | Offering | $500,000 | $5,000,000 | July 1, 2022 | sec.gov |
Updated October 29, 2021. 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.