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Data / Crowdfunding / Connecticut / SoNo 1420 Artisan Distillers, Inc.

SoNo 1420 Artisan Distillers, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,999 to $1,234,997 (2024)

SoNo 1420 Artisan Distillers, Inc., a corporation in Norwalk, CT, filed a Form C with the SEC on October 2, 2024 to raise $14,999 to $1,234,997 in common stock through StartEngine Capital, LLC. The offering closed on October 28, 2024. In its most recent fiscal year it reported $1,325,208 in revenue and a net loss of $1,500,060, with 15 employees.

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Website
sono1420.com
Funding portal
StartEngine Capital, LLC
Address
19 DAY STREET, Norwalk, CT 06854
Legal form
Corporation
Jurisdiction
DE
Incorporated
October 31, 2022
SEC CIK
0002024581

Offering terms

From the amendment filed October 2, 2024.

Security
Common Stock
Price
$2.81
Target
$14,999
Maximum
$1,234,997
Deadline
October 28, 2024
Portal compensation
7 - 13 percent

Financials

From the Form C-U filed November 19, 2024.

Most recent fiscal yearPrior fiscal yearSource
Revenue$1,325,208$1,100,859sec.gov
Cost of goods sold$687,036$492,225sec.gov
Net income$-1,500,060$-908,488sec.gov
Taxes paid$0$0sec.gov
Total assets$1,804,295$3,132,365sec.gov
Cash$105,503$1,696,216sec.gov
Accounts receivable$274,379$165,117sec.gov
Short-term debt$111,371$98,939sec.gov
Long-term debt$44,500$44,500sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
November 19, 2024Progress update$14,999$1,234,997October 28, 2024At the close of the offering, the issuer closed on $0.00 and 0 number of securities.sec.gov
October 2, 2024Amendment$14,999$1,234,997October 28, 2024Issuer is updating campaign graphic.sec.gov
July 30, 2024Offering$14,999$1,234,997October 28, 2024sec.gov

All filings on sec.gov

Updated November 19, 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.