Data / Crowdfunding / Texas / Sugar Refinery, LLC
Sugar Refinery, LLC: crowdfunding raise on NextSeed US LLC, $125,000 to $360,000 (2016)
Sugar Refinery, LLC, a limited liability company in Sugar Land, TX, filed a Form C with the SEC on September 29, 2016 to raise $125,000 to $360,000 in debt through NextSeed US LLC. The offering closed on November 28, 2016. In its most recent fiscal year it reported $0 in revenue and a net loss of $55,769, with 2 employees.
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- Website
- www.thesugarrefinerybar.com
- Funding portal
- NextSeed US LLC
- Address
- 2248 TEXAS DRIVE, Sugar Land, TX 77479
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- August 18, 2016
- SEC CIK
- 0001684715
Offering terms
From the offering filed September 29, 2016.
- Security
- Debt
- Target
- $125,000
- Maximum
- $360,000
- Deadline
- November 28, 2016
- Portal compensation
- NextSeed charges the Issuer 10% of the total offering amount as compensation for its services provided in connection with the offering, provided that NextSeed will only charge 5% for funds raised from investors referred by the Issuer.
Financials
From the Form C-AR filed May 1, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-55,769 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $273,598 | $0 | sec.gov |
| Cash | $174,359 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $54,567 | $0 | sec.gov |
| Long-term debt | $273,800 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 11, 2018 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| December 5, 2016 | Progress update | $125,000 | $360,000 | November 28, 2016 | The issuer has raised a total of $273,800 during the offering period. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower. | sec.gov |
| September 29, 2016 | Offering | $125,000 | $360,000 | November 28, 2016 | sec.gov |
Updated May 11, 2018. 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.