Data / Crowdfunding / Utah / Salt Lake City Distillery LLC dba Dented Brick Distillery
Salt Lake City Distillery LLC dba Dented Brick Distillery: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2019)
Salt Lake City Distillery LLC dba Dented Brick Distillery, a limited liability company in South Salt Lake, UT, filed a Form C with the SEC on October 4, 2019 to raise $50,000 to $1,070,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on January 24, 2020. In its most recent fiscal year it reported $396,749 in revenue and a net loss of $763,039, with 8 employees.
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- Website
- www.dentedbrick.com
- Funding portal
- Wefunder Portal LLC
- Address
- 3100 South Washington Street, South Salt Lake, UT 84115
- Legal form
- Limited Liability Company
- Jurisdiction
- UT
- Incorporated
- March 11, 2011
- SEC CIK
- 0001629933
Offering terms
From the offering filed October 4, 2019.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- January 24, 2020
- Portal compensation
- 5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed October 4, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $396,749 | $177,026 | sec.gov |
| Cost of goods sold | $286,339 | $195,644 | sec.gov |
| Net income | $-763,039 | $-808,164 | sec.gov |
| Taxes paid | $0 | $6,107 | sec.gov |
| Total assets | $2,695,045 | $2,485,834 | sec.gov |
| Cash | $2,296 | $40,435 | sec.gov |
| Accounts receivable | $86,592 | $6,632 | sec.gov |
| Short-term debt | $554,120 | $104,983 | sec.gov |
| Long-term debt | $2,108,584 | $2,146,934 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 4, 2019 | Offering | $50,000 | $1,070,000 | January 24, 2020 | sec.gov |
Also on SpecStream
Updated October 4, 2019. 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.