Data / Crowdfunding / District of Columbia / Style Bar LLC
Style Bar LLC: crowdfunding raise on SMBX, Inc., $50,000 to $250,000 (2022)
Style Bar LLC, a limited liability company in Washington, DC, filed a Form C with the SEC on August 29, 2022 to raise $50,000 to $250,000 in debt through SMBX, Inc.. The offering closed on October 10, 2022. In its most recent fiscal year it reported $336,742 in revenue and $36,558 in net income, with 10 employees.
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- Website
- stylebaronline.co
- Funding portal
- SMBX, Inc.
- Address
- 611 PENNSYLVANIA AVE SE, UNIT 253, Washington, DC 20003
- Legal form
- Limited Liability Company
- Jurisdiction
- DC
- Incorporated
- November 18, 2019
- SEC CIK
- 0001937145
Offering terms
From the amendment filed August 29, 2022.
- Security
- Debt
- Price
- $10.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- October 10, 2022
- Portal compensation
- SMBX will not be charging a capital raise fee as these bonds are part of the DC Rebuild Program.
Financials
From the Form C/A filed August 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $336,742 | $214,933 | sec.gov |
| Cost of goods sold | $42,994 | $18,588 | sec.gov |
| Net income | $36,558 | $41,885 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $9,902 | $22,770 | sec.gov |
| Cash | $9,902 | $22,770 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $3,214 | sec.gov |
| Long-term debt | $40,200 | $23,200 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 29, 2022 | Amendment | $50,000 | $250,000 | October 10, 2022 | Revised for material changes on August 29, 2022. Amendment for: a) extension of offering close date from September 7, 2022, to October 10, 2022 | sec.gov |
| July 20, 2022 | Offering | $50,000 | $250,000 | September 7, 2022 | sec.gov |
Updated August 29, 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.