Data / Crowdfunding / Texas / Sunset Patio Lounge LLC
Sunset Patio Lounge LLC: crowdfunding raise on NextSeed US LLC, $75,000 to $150,000 (2018)
Sunset Patio Lounge LLC, a limited liability company in Houston, TX, filed a Form C with the SEC on December 3, 2018 to raise $75,000 to $150,000 in debt through NextSeed US LLC. The offering closed on February 7, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $20,079, with 2 employees.
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- Website
- www.sunsetrooftoplounge.com
- Funding portal
- NextSeed US LLC
- Address
- 2119 DALLAS ST. UNIT D, Houston, TX 77003
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- June 7, 2017
- SEC CIK
- 0001756092
Offering terms
From the offering filed December 3, 2018.
- Security
- Debt
- Target
- $75,000
- Maximum
- $150,000
- Deadline
- February 7, 2019
- Portal compensation
- A % of the total Offering Amount (10% for up to $250,000, 9% for more than $250,000 and $500,000 or less, 8% for more than $500,000 and $750,000 or less, and 7% for more than $750,000); provided only 5% is charged on investors introduced by the issuer.
Financials
From the Form C-AR filed April 29, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-20,079 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,859 | $2,707 | sec.gov |
| Cash | $3,859 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| January 23, 2019 | Progress update | $75,000 | $150,000 | February 7, 2019 | Issuer raised $150,000. 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 |
| December 3, 2018 | Offering | $75,000 | $150,000 | February 7, 2019 | sec.gov |
Updated May 6, 2019. 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.