Data / Crowdfunding / Massachusetts / Stepstone Art Resources, LLC
Stepstone Art Resources, LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,235,000 (2023)
Stepstone Art Resources, LLC, a limited liability company in Richmond, MA, filed a Form C with the SEC on January 17, 2023 to raise $25,000 to $1,235,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on March 18, 2023. In its most recent fiscal year it reported $116,651 in revenue and a net loss of $218,824.
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- Website
- www.see.me
- Funding portal
- OpenDeal Portal LLC
- Address
- 1921 DUBLIN ROAD 1921 DUBLIN ROAD, Richmond, MA 01254
- Legal form
- Limited Liability Company
- Jurisdiction
- MA
- Incorporated
- October 27, 2015
- SEC CIK
- 0001746271
Offering terms
From the offering filed January 17, 2023.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- March 18, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 28, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $116,651 | $105,892 | sec.gov |
| Cost of goods sold | $43,109 | $20,535 | sec.gov |
| Net income | $-218,824 | $-79,307 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $27,586 | $60,058 | sec.gov |
| Cash | $-12,877 | $9,669 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $149,580 | $24,320 | sec.gov |
| Long-term debt | $428,768 | $441,093 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 24, 2023 | Progress update | $25,000 | $1,235,000 | March 18, 2023 | The Offering closed successfully on 3/19/2023, having received investment commitments of $39,954, although a final accounting has not taken place. | sec.gov |
| January 17, 2023 | Offering | $25,000 | $1,235,000 | March 18, 2023 | sec.gov | |
| September 16, 2020 | Offering | $25,000 | $535,000 | November 27, 2020 | sec.gov | |
| August 24, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| December 21, 2018 | Progress update | $25,000 | $1,070,000 | December 17, 2018 | $63,055 in investments. Payments are still being processed; final number is yet to be determined. | sec.gov |
| December 6, 2018 | Amendment | $25,000 | $1,070,000 | December 17, 2018 | Added webinar transcript (attached to Form C as Exhibit G). | sec.gov |
| November 16, 2018 | Amendment | $25,000 | $1,070,000 | December 17, 2018 | Amended to correctly reflect the Use of Proceeds for $25k minimum target in Company Summary (attached as Exhibit B to Form C) | sec.gov |
| November 16, 2018 | Amendment | $25,000 | $1,070,000 | December 17, 2018 | Updated to reflect correct commission payable to Intermediary, change the target offering amount to $25,000, update the deadline to December 17, 2018, and provide information regarding the concurrent Regulation D offering. | sec.gov |
| October 4, 2018 | Amendment | $50,000 | $1,070,000 | November 19, 2018 | This Amendment is filed to update update the Company Summary (attached within the Offering Statement as Exhibit B) to add perks and include additional part-time team members and advisors. | sec.gov |
| October 3, 2018 | Offering | $50,000 | $1,070,000 | November 19, 2018 | sec.gov |
Updated April 28, 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.