Data / Crowdfunding / Florida / Security Token Market, LLC
Security Token Market, LLC: crowdfunding raise on SECURITIZE MARKETS, LLC, $50,000 to $5,000,000 (2022)
Security Token Market, LLC, a limited liability company in Miami, FL, filed a Form C with the SEC on October 12, 2022 to raise $50,000 to $5,000,000 in Units of SAFE (Simple Agreement for Future Equity) through SECURITIZE MARKETS, LLC. The offering closed on March 31, 2023. In its most recent fiscal year it reported $119,144 in revenue and a net loss of $40,521.
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- Website
- stm.co
- Funding portal
- SECURITIZE MARKETS, LLC
- Address
- 1395 Brickell Ave Suite 800, Miami, FL 33131
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- July 25, 2018
- SEC CIK
- 0001936384
Offering terms
From the amendment filed October 12, 2022.
- Security
- Units of SAFE (Simple Agreement for Future Equity)
- Price
- $5.00
- Target
- $50,000
- Maximum
- $5,000,000
- Deadline
- March 31, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee in cash of one percent (1.00%) of the amount raised in the offering to the intermediary.
Financials
From the Form C-AR filed April 30, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $119,144 | $116,716 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-40,521 | $-1,101,072 | sec.gov |
| Taxes paid | $0 | $45,995 | sec.gov |
| Total assets | $56,597 | $52,963 | sec.gov |
| Cash | $3,845 | $6,961 | sec.gov |
| Accounts receivable | $6,000 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $131,493 | $94,887 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| October 12, 2022 | Amendment | $50,000 | $5,000,000 | March 31, 2023 | Issuer is amending its offering statement to extend the offering deadline, decrease the target offering amount, and revise the use of proceeds chart accordingly. | sec.gov |
| September 7, 2022 | Amendment | $250,000 | $5,000,000 | December 31, 2022 | Issuer is amending its offering statement to extend the offering deadline. | sec.gov |
| July 14, 2022 | Amendment | $250,000 | $5,000,000 | September 6, 2022 | Issuer updated offering statement to reflect resignation of Kyle Sonlin as manager, updated offering page on Exhibit C, and updated testing the waters materials on Exhibit F. | sec.gov |
| July 6, 2022 | Offering | $250,000 | $5,000,000 | September 6, 2022 | sec.gov |
Updated April 30, 2024. 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.