Data / Crowdfunding / Minnesota / Rustech Brewing Company, LLC
Rustech Brewing Company, LLC: crowdfunding raise on Silicon Prairie Online LLC, $10,000 (2022)
Rustech Brewing Company, LLC, a limited liability company in Monticello, MN, filed a Form C with the SEC on December 12, 2022 to raise $10,000 in Convertible Promissory Notes through Silicon Prairie Online LLC. The offering closed on June 7, 2023. In its most recent fiscal year it reported $348,213 in revenue and a net loss of $20,561, with 14 employees.
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- Website
- rustechbrewing.com
- Funding portal
- Silicon Prairie Online LLC
- Address
- 6328 86TH ST NE, Monticello, MN 55362
- Legal form
- Limited Liability Company
- Jurisdiction
- MN
- Incorporated
- April 13, 2017
- SEC CIK
- 0001957050
Offering terms
From the amendment filed December 12, 2022.
- Security
- Convertible Promissory Notes
- Target
- $10,000
- Deadline
- June 7, 2023
- Portal compensation
- 5%
Financials
From the Form C/A filed December 12, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $348,213 | $297,560 | sec.gov |
| Cost of goods sold | $65,010 | $60,865 | sec.gov |
| Net income | $-20,561 | $-38,924 | sec.gov |
| Taxes paid | $18,979 | $14,088 | sec.gov |
| Total assets | $0 | $237,349 | sec.gov |
| Cash | $35,841 | $0 | sec.gov |
| Accounts receivable | $742 | $0 | sec.gov |
| Short-term debt | $0 | $18,500 | sec.gov |
| Long-term debt | $780,293 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 12, 2022 | Amendment | $10,000 | Not listed | June 7, 2023 | Correct minimum offering amount | sec.gov |
| December 8, 2022 | Amendment | $50,000 | Not listed | June 7, 2023 | Correct minimum offering amount | sec.gov |
| December 7, 2022 | Offering | $50,000 | Not listed | June 7, 2023 | sec.gov |
Updated December 12, 2022. 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.