Data / Crowdfunding / Florida / SleepChoices LLC
SleepChoices LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2019)
SleepChoices LLC, a limited liability company in Coral Springs, FL, filed a Form C with the SEC on March 1, 2019 to raise $25,000 to $1,070,000 in Crowd SAFE Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on June 5, 2019. In its most recent fiscal year it reported $171,456 in revenue and a net loss of $941,389, with 4 employees.
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- Website
- www.sleepchoices.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 10700 WILES RD., Coral Springs, FL 33076
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- February 3, 2017
- SEC CIK
- 0001766521
Offering terms
From the offering filed March 1, 2019.
- Security
- Crowd SAFE Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- June 5, 2019
- Portal compensation
- The issuer shall pay to the intermediary at the conclusion of the offering a fee consisting of six percent (6.0%) commission based on the amount of investments raised in the offering and paid upon disbursement of funds from escrow at the time of closing.
Financials
From the Form C-U filed June 6, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $171,456 | $61,283 | sec.gov |
| Cost of goods sold | $98,423 | $93,334 | sec.gov |
| Net income | $-941,389 | $-751,316 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $58,225 | $115,190 | sec.gov |
| Cash | $7,672 | $62,639 | sec.gov |
| Accounts receivable | $3,231 | $11,629 | sec.gov |
| Short-term debt | $66,246 | $27,464 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 8, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 6, 2019 | Progress update | $25,000 | $1,070,000 | June 5, 2019 | The offering successfully closed on June 5, 2019 with $36,110.00 raised from 57 investors, although a final accounting has not been completed. | sec.gov |
| March 1, 2019 | Offering | $25,000 | $1,070,000 | June 5, 2019 | sec.gov |
Updated January 8, 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.