Data / Crowdfunding / Kentucky / Shippingport Brewing Co., LLC
Shippingport Brewing Co., LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $700,000 (2023)
Shippingport Brewing Co., LLC, a limited liability company in Louisville, KY, filed a Form C with the SEC on December 20, 2023 to raise $50,000 to $700,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $311,620 in revenue and a net loss of $1,343, with 2 employees.
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- Website
- shippingportbrewing.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1217 W Main St., Louisville, KY 40203
- Legal form
- Limited Liability Company
- Jurisdiction
- KY
- Incorporated
- October 22, 2019
- SEC CIK
- 0001815254
Offering terms
From the amendment filed December 20, 2023.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $700,000
- Deadline
- April 29, 2024
- Portal compensation
- 7.5% 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/A filed December 20, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $311,620 | $108,657 | sec.gov |
| Cost of goods sold | $73,097 | $32,252 | sec.gov |
| Net income | $-1,343 | $-89,921 | sec.gov |
| Taxes paid | $42,280 | $12,401 | sec.gov |
| Total assets | $161,619 | $190,913 | sec.gov |
| Cash | $894 | $15,286 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $201,682 | $200,725 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 20, 2023 | Amendment | $50,000 | $700,000 | April 29, 2024 | Adding VIP terms | sec.gov |
| December 6, 2023 | Offering | $50,000 | $700,000 | April 29, 2024 | sec.gov |
Updated December 20, 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.