Data / Crowdfunding / California / Straw Hut Media LLC
Straw Hut Media LLC: crowdfunding raise on MicroVenture Marketplace Inc., $50,000 to $500,000 (2022)
Straw Hut Media LLC, a limited liability company in Los Angeles, CA, filed a Form C with the SEC on August 4, 2022 to raise $50,000 to $500,000 in Crowd Note through MicroVenture Marketplace Inc.. The offering closed on August 15, 2022. In its most recent fiscal year it reported $224,916 in revenue and a net loss of $72,174, with 2 employees.
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- Website
- www.strawhutmedia.com
- Funding portal
- MicroVenture Marketplace Inc.
- Address
- 201 N. BRANDI BLVD. STE 200, Los Angeles, CA 91203
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- November 27, 2017
- SEC CIK
- 0001916146
Offering terms
From the amendment filed August 4, 2022.
- Security
- Crowd Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $500,000
- Deadline
- August 15, 2022
- Portal compensation
- The issuer shall pay to the intermediary at the conclusion of the Offering a fee consisting of 5% commission based on the amount of investments raised in the Offering and paid upon disbursement of funds from escrow at the time of closing.
Financials
From the Form C-U filed August 17, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $224,916 | $198,763 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-72,174 | $-43,304 | sec.gov |
| Taxes paid | $2,124 | $2,800 | sec.gov |
| Total assets | $29,115 | $45,382 | sec.gov |
| Cash | $13,801 | $9,496 | sec.gov |
| Accounts receivable | $9,958 | $10,553 | sec.gov |
| Short-term debt | $35,119 | $3,587 | sec.gov |
| Long-term debt | $96,594 | $74,993 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 17, 2022 | Progress update | $50,000 | $500,000 | August 15, 2022 | OFFERING TARGET NOT MET; RETURNING FUNDS TO INVESTORS. | sec.gov |
| August 4, 2022 | Amendment | $50,000 | $500,000 | August 15, 2022 | Filing amendment to include webinar transcript and update financial discussion in company summary. | sec.gov |
| May 10, 2022 | Offering | $50,000 | $500,000 | August 15, 2022 | sec.gov |
Updated August 17, 2022. 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.