Data / Crowdfunding / California / Soturi Fitness & Nutrition LLC
Soturi Fitness & Nutrition LLC: crowdfunding raise on MainVest, Inc., $50,000 to $75,000 (2022)
Soturi Fitness & Nutrition LLC, a limited liability company in Santa Clara, CA, filed a Form C with the SEC on September 9, 2022 to raise $50,000 to $75,000 in debt through MainVest, Inc.. The offering closed on October 15, 2022. In its most recent fiscal year it reported $217,949 in revenue and a net loss of $32,497, with 5 employees.
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- Website
- forestandflour.com
- Funding portal
- MainVest, Inc.
- Address
- 1267 CHAPEL DR, Santa Clara, CA 95050
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- January 7, 2017
- SEC CIK
- 0001807623
Offering terms
From the amendment filed September 9, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $75,000
- Deadline
- October 15, 2022
- Portal compensation
- MainVest will be paid Three (3) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed October 20, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $217,949 | $172,241 | sec.gov |
| Cost of goods sold | $68,553 | $54,750 | sec.gov |
| Net income | $-32,497 | $-15,588 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $128,307 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $145,085 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 14, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| October 20, 2022 | Progress update | $50,000 | $75,000 | October 15, 2022 | At the close of the offering, the issuer closed on $57,450. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| September 9, 2022 | Amendment | $50,000 | $75,000 | October 15, 2022 | Issuer is extending the deadline to make an investment. | sec.gov |
| June 30, 2022 | Offering | $50,000 | $75,000 | September 2, 2022 | sec.gov | |
| June 9, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| August 5, 2020 | Progress update | $30,000 | $107,000 | August 1, 2020 | At the close of the offering, the issuer closed on $32,900.00. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| June 4, 2020 | Amendment | $30,000 | $107,000 | August 1, 2020 | Issuer has updated their use of funds to reflect a pivot in the business plan and pitch. Issuer is also extending the deadline to invest. | sec.gov |
| April 7, 2020 | Amendment | $30,000 | $107,000 | July 1, 2020 | Issuer has updated their projections found in Section T of the offering memorandum. Issuer also updated new pitch deck. | sec.gov |
| April 6, 2020 | Offering | $30,000 | $107,000 | July 1, 2020 | sec.gov |
Also on SpecStream
Updated May 14, 2025. 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.