Data / Crowdfunding / Massachusetts / Sproul Ventures LLC
Sproul Ventures LLC: crowdfunding raise on SMBX, Inc., $10,000 to $124,000 (2025)
Sproul Ventures LLC, a limited liability company in Hopkinton, MA, filed a Form C with the SEC on January 22, 2025 to raise $10,000 to $124,000 in debt through SMBX, Inc.. The offering closed on February 11, 2025. In its most recent fiscal year it reported $1,829,984 in revenue and $135,143 in net income, with 25 employees.
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- Website
- bluesquarepizza.com
- Funding portal
- SMBX, Inc.
- Address
- 30 MAIN ST, Hopkinton, MA 01748
- Legal form
- Limited Liability Company
- Jurisdiction
- MA
- Incorporated
- February 24, 2022
- SEC CIK
- 0002051468
Offering terms
From the amendment filed January 22, 2025.
- Security
- Debt
- Price
- $10.00
- Target
- $10,000
- Maximum
- $124,000
- Deadline
- February 11, 2025
- Portal compensation
- SMBX will be charging a capital raise fee of 6.00% (up to $7,440 based on the total amount raised). Every month until the security is paid off, SMBX will also be charging a $50.00 payment processing fee to the Issuer.
Financials
From the Form C/A filed January 22, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,829,984 | $601,482 | sec.gov |
| Cost of goods sold | $582,368 | $220,237 | sec.gov |
| Net income | $135,143 | $-1,995 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $246,228 | $272,802 | sec.gov |
| Cash | $36,413 | $56,527 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $135,012 | $100,482 | sec.gov |
| Long-term debt | $8,204 | $17,809 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 22, 2025 | Amendment | $10,000 | $124,000 | February 11, 2025 | (Revised for material changes on January 22, 2025) Amendment for: a) increase Maximum Target Offering Amount from $75,000 to $124,000 and b) change offering close date from February 18, 2025 to February 11, 2025 | sec.gov |
| January 16, 2025 | Amendment | $10,000 | $75,000 | February 18, 2025 | (Revised for non-material changes on January 16, 2025) Amendment for: a) Financial Overview information updated to reflect correct year-to-date amounts for Revenue, Cost of Goods Sold, and Net Income as of 11/30/2024 | sec.gov |
| January 10, 2025 | Offering | $10,000 | $75,000 | February 18, 2025 | sec.gov |
Updated January 22, 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.