Data / Crowdfunding / Missouri / SouveNEAR, LLC
SouveNEAR, LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2019)
SouveNEAR, LLC, a limited liability company in Kansas City, MO, filed a Form C with the SEC on April 18, 2019 to raise $50,000 to $1,070,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on July 21, 2019. In its most recent fiscal year it reported $312,171 in revenue and a net loss of $53,043, with 3 employees.
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- Website
- www.souvenear.com
- Funding portal
- Wefunder Portal LLC
- Address
- 4161 Holly St., Kansas City, MO 64111
- Legal form
- Limited Liability Company
- Jurisdiction
- MO
- Incorporated
- February 13, 2014
- SEC CIK
- 0001748069
Offering terms
From the amendment filed April 18, 2019.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- July 21, 2019
- Portal compensation
- 5.0% 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-AR filed June 15, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $312,171 | $245,013 | sec.gov |
| Cost of goods sold | $186,931 | $136,040 | sec.gov |
| Net income | $-53,043 | $-17,968 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $282,193 | $288,233 | sec.gov |
| Cash | $106,807 | $194,524 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $79,873 | $89,807 | sec.gov |
| Long-term debt | $7,078 | $8,470 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 15, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 18, 2019 | Amendment | $50,000 | $1,070,000 | July 21, 2019 | Added 2018 GAAP Financials; Added class C securities; Added friends and family round; Change use of funds; Changed amount of time to be profitable; Increase customer purchases; | sec.gov |
| November 21, 2018 | Offering | $50,000 | $1,070,000 | April 30, 2019 | sec.gov |
Updated June 15, 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.