Data / Crowdfunding / New York / SARITAS MACARONI & CHEESE INC
SARITAS MACARONI & CHEESE INC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $107,000 (2018)
SARITAS MACARONI & CHEESE INC, a corporation in New York, NY, filed a Form C with the SEC on October 9, 2018 to raise $10,000 to $107,000 in Convertible Note through StartEngine Capital, LLC. The offering closed on December 10, 2018. In its most recent fiscal year it reported $939,146 in revenue and $125,773 in net income, with 11 employees.
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- Website
- www.smacnyc.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 197 1ST AVE, New York, NY 10003
- Legal form
- Corporation
- Jurisdiction
- NY
- Incorporated
- October 19, 2005
- SEC CIK
- 0001455437
Offering terms
From the amendment filed October 9, 2018.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $10,000
- Maximum
- $107,000
- Deadline
- December 10, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-U filed June 25, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $939,146 | $998,930 | sec.gov |
| Cost of goods sold | $256,623 | $262,053 | sec.gov |
| Net income | $125,773 | $125,609 | sec.gov |
| Taxes paid | $3,450 | $3,450 | sec.gov |
| Total assets | $810,893 | $787,233 | sec.gov |
| Cash | $413,809 | $454,610 | sec.gov |
| Accounts receivable | $1,354 | $28,935 | sec.gov |
| Short-term debt | $341,311 | $373,512 | sec.gov |
| Long-term debt | $1,488,711 | $1,542,911 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 12, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 25, 2019 | Progress update | $10,000 | $107,000 | December 10, 2018 | The amount raised at the time of closing is $77,500. | sec.gov |
| May 2, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| December 11, 2018 | Progress update | $10,000 | $107,000 | December 10, 2018 | The amount raised at the time of closing is $78,500 | sec.gov |
| October 9, 2018 | Amendment | $10,000 | $107,000 | December 10, 2018 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| July 24, 2018 | Amendment | $10,000 | $107,000 | October 10, 2018 | Issuer is updating terms. | sec.gov |
| July 9, 2018 | Offering | $10,000 | $107,000 | October 10, 2018 | sec.gov |
Updated June 12, 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.