Data / Crowdfunding / Story2 LLC
Story2 LLC: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $1,070,000 (2020)
Story2 LLC, a company, filed a Form C with the SEC on March 9, 2020 to raise $50,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 29, 2020. In its most recent fiscal year it reported $418,213 in revenue and a net loss of $842,689, with 11 employees.
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- Website
- story2.com
- Funding portal
- OpenDeal Portal LLC
- SEC CIK
- 0001617797
Offering terms
From the amendment filed March 9, 2020.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- April 29, 2020
- Portal compensation
- 6% of the amount raised in the Offering.
Financials
From the Form C/A filed March 9, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $418,213 | $590,652 | sec.gov |
| Cost of goods sold | $68,709 | $98,998 | sec.gov |
| Net income | $-842,689 | $-614,156 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $135,405 | $166,847 | sec.gov |
| Cash | $57,655 | $21,867 | sec.gov |
| Accounts receivable | $69,500 | $136,730 | sec.gov |
| Short-term debt | $849,486 | $2,191,355 | sec.gov |
| Long-term debt | $2,157,388 | $258,372 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2020 | Withdrawal | Not listed | Not listed | sec.gov | ||
| March 9, 2020 | Amendment | $50,000 | $1,070,000 | April 29, 2020 | This amendment is being filed to (i) extend the offering deadline to April 29, 2020, (ii) reduce the target amount to $50,000, and (iii) to make certain changes to the Company's profile page on the OpenDeal Portal LLC d/b/a Republic website. | sec.gov |
| March 9, 2020 | Amendment | $50,000 | $1,070,000 | April 29, 2020 | This amendment is being filed to (i) reference "Story To College, LLC," the Company's prior name, and (ii) correct footnote 8 to the Company's financial statements to correctly reference the minimum target offering amount of this offering as $100,000. | sec.gov |
| December 11, 2019 | Amendment | $100,000 | $1,070,000 | April 1, 2020 | This amendment is being filed to (i) reference "Story To College, LLC," the Company's prior name, and (ii) correct footnote 8 to the Company's financial statements to correctly reference the minimum target offering amount of this offering as $100,000. | sec.gov |
| December 11, 2019 | Offering | $100,000 | $1,070,000 | April 1, 2020 | sec.gov |
Updated April 30, 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.