Data / Crowdfunding / California / SS Beverages 1, Inc.
SS Beverages 1, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,235,000 (2022)
SS Beverages 1, Inc., a corporation in Covina, CA, filed a Form C with the SEC on December 14, 2022 to raise $25,000 to $1,235,000 in preferred stock through SI SECURITIES, LLC. The offering closed on February 10, 2023. In its most recent fiscal year it reported $2,364,912 in revenue and a net loss of $1,573,422, with 12 employees.
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- Website
- unclearnies.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 440 N Barranca Avenue, #2123, Covina, CA 91723
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- December 13, 2022
- SEC CIK
- 0001829396
Offering terms
From the amendment filed December 14, 2022.
- Security
- Preferred Stock
- Price
- $101.00
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- February 10, 2023
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-AR filed April 30, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,364,912 | $950,243 | sec.gov |
| Cost of goods sold | $2,115,308 | $1,572,340 | sec.gov |
| Net income | $-1,573,422 | $-2,943,476 | sec.gov |
| Taxes paid | $800 | $1,600 | sec.gov |
| Total assets | $2,139,699 | $1,191,810 | sec.gov |
| Cash | $275,796 | $82,320 | sec.gov |
| Accounts receivable | $526,355 | $193,229 | sec.gov |
| Short-term debt | $383,298 | $347,097 | sec.gov |
| Long-term debt | $2,240,000 | $890,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| February 17, 2023 | Progress update | $25,000 | $1,235,000 | February 10, 2023 | The issuer raised approximately $212,504 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| December 14, 2022 | Amendment | $25,000 | $1,235,000 | February 10, 2023 | This Form C Amendment is being filed for the purpose of amending the share price of the combined offerings and inform that SS Beverages has converted from a California Corporation to a Delaware Corporation | sec.gov |
| December 12, 2022 | Amendment | $25,000 | $1,235,000 | February 10, 2023 | This Form C Amendment is being filed for the purpose of amending the share price of the combined offerings | sec.gov |
| December 12, 2022 | Offering | $25,000 | $1,235,000 | February 10, 2023 | sec.gov |
Updated April 30, 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.