Data / Crowdfunding / New York / Steiner's Coffee Cake of New York, Inc
Steiner's Coffee Cake of New York, Inc: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,068,999 (2022)
Steiner's Coffee Cake of New York, Inc, a corporation in Glen Cove, NY, filed a Form C with the SEC on September 21, 2022 to raise $10,000 to $1,068,999 in Non Voting Common Stock through StartEngine Capital, LLC. The offering closed on September 28, 2022. In its most recent fiscal year it reported $106,542 in revenue and $106,542 in net income, with 1 employees.
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- Website
- steinerscoffeecakeofnewyork.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 65 Sea Cliff Ave Suite 1A, Glen Cove, NY 11542
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 19, 2021
- SEC CIK
- 0001914501
Offering terms
From the amendment filed September 21, 2022.
- Security
- Non Voting Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,068,999
- Deadline
- September 28, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $106,542 | $112,953 | sec.gov |
| Cost of goods sold | $77,619 | $89,349 | sec.gov |
| Net income | $106,542 | $-126,853 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $238,277 | $82,369 | sec.gov |
| Cash | $152,910 | $2,135 | sec.gov |
| Accounts receivable | $13,469 | $12,465 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $24,000 | $260,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 4, 2022 | Progress update | $10,000 | $1,068,999 | September 28, 2022 | At the close of the offering, the issuer closed on $254,448.58 and 25,310 number of securities. | sec.gov |
| September 21, 2022 | Amendment | $10,000 | $1,068,999 | September 28, 2022 | Clarification that the issuer may disburse if less than $250k is raised | sec.gov |
| August 29, 2022 | Amendment | $10,000 | $1,068,999 | September 28, 2022 | Issuer is extending campaign end date. | sec.gov |
| June 23, 2022 | Amendment | $10,000 | $1,068,999 | August 29, 2022 | Issuer is extending campaign end date. | sec.gov |
| April 26, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 26, 2022 | Amendment | $10,000 | $1,068,999 | June 29, 2022 | Issuer is extending the campaign and updating their financials per the most recent fiscal year. | sec.gov |
| March 8, 2022 | Offering | $10,000 | $1,068,999 | April 30, 2022 | sec.gov |
Updated May 1, 2023. 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.