Data / Crowdfunding / California / Shady Grove Oak Grill Inc.
Shady Grove Oak Grill Inc.: crowdfunding raise on Honeycomb Portal LLC, $50,000 to $100,000 (2023)
Shady Grove Oak Grill Inc., a corporation in Long Beach, CA, filed a Form C with the SEC on August 10, 2023 to raise $50,000 to $100,000 in debt through Honeycomb Portal LLC. The offering closed on September 11, 2023. In its most recent fiscal year it reported $356,869 in revenue and $1,877 in net income, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.shadygrovefoods.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 2708 E 4TH ST, Long Beach, CA 90814
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- February 14, 2020
- SEC CIK
- 0001988925
Offering terms
From the offering filed August 10, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $100,000
- Deadline
- September 11, 2023
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C filed August 10, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $356,869 | $358,142 | sec.gov |
| Cost of goods sold | $70,544 | $186,166 | sec.gov |
| Net income | $1,877 | $-18,006 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $244,959 | $247,691 | sec.gov |
| Cash | $18,357 | $21,089 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $143,880 | $72,890 | sec.gov |
| Long-term debt | $959 | $1,700 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 10, 2023 | Offering | $50,000 | $100,000 | September 11, 2023 | sec.gov |
Updated August 10, 2023. 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.