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Data / Crowdfunding / California / Son of a Barista

Son of a Barista: crowdfunding raise on StartEngine Capital, LLC, $9,998 to $1,069,997 (2021)

Son of a Barista, a corporation in Los Angeles, CA, filed a Form C with the SEC on April 16, 2021 to raise $9,998 to $1,069,997 in common stock through StartEngine Capital, LLC. The offering closed on October 13, 2021. In its most recent fiscal year it reported $310,569 in revenue and a net loss of $165,828, with 2 employees.

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Website
sonofabarista.com
Funding portal
StartEngine Capital, LLC
Address
1221 HILLDALE AVE, Los Angeles, CA 90069
Legal form
Corporation
Jurisdiction
DE
Incorporated
May 31, 2019
SEC CIK
0001852552

Offering terms

From the offering filed April 16, 2021.

Security
Common Stock
Price
$1.14
Target
$9,998
Maximum
$1,069,997
Deadline
October 13, 2021
Portal compensation
7.0 percent

Financials

From the Form C-U filed October 15, 2021.

Most recent fiscal yearPrior fiscal yearSource
Revenue$310,569$0sec.gov
Cost of goods sold$230,503$0sec.gov
Net income$-165,828$-66,777sec.gov
Taxes paid$0$0sec.gov
Total assets$163,886$138,293sec.gov
Cash$53,324$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$229,940$63,304sec.gov
Long-term debt$166,551$141,766sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
October 15, 2021Progress update$9,998$1,069,997October 13, 2021At the close of the offering, the issuer closed on $116,474.94 and 114,314 number of securities.sec.gov
April 16, 2021Offering$9,998$1,069,997October 13, 2021sec.gov

All filings on sec.gov

Updated October 15, 2021. 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.