Data / Crowdfunding / New Jersey / Sweetberry Holdings LLC
Sweetberry Holdings LLC: crowdfunding raise on OpenDeal Portal LLC, $100,000 to $377,000 (2020)
Sweetberry Holdings LLC, a limited liability company in West New York, NJ, filed a Form C with the SEC on April 23, 2020 to raise $100,000 to $377,000 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 $2,089,477 in revenue and a net loss of $533,008, with 5 employees.
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- Website
- www.sweetberrybowls.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 3 LYDIA DRIVE, West New York, NJ 07093
- Legal form
- Limited Liability Company
- Jurisdiction
- NJ
- Incorporated
- September 8, 2017
- SEC CIK
- 0001764730
Offering terms
From the amendment filed April 23, 2020.
- Security
- Crowd SAFE Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $377,000
- Deadline
- April 29, 2020
- Portal compensation
- 6% of the Offering Amount Raised
Financials
From the Form C-U filed May 4, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,089,477 | $15,896 | sec.gov |
| Cost of goods sold | $800,876 | $10,475 | sec.gov |
| Net income | $-533,008 | $-65,053 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,385,240 | $82,642 | sec.gov |
| Cash | $8,251 | $6,168 | sec.gov |
| Accounts receivable | $20,965 | $0 | sec.gov |
| Short-term debt | $336,801 | $19,518 | sec.gov |
| Long-term debt | $228,636 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 4, 2020 | Progress update | $100,000 | $377,000 | April 29, 2020 | The Offering closed successfully on March 6, 2020, having received investment commitments of $264,571. If certain other terms are met, the proceeds will be distributed on May 29, 2020, otherwise returned to investors. | sec.gov |
| April 23, 2020 | Amendment | $100,000 | $377,000 | April 29, 2020 | Company is amending the Form C to include new information regarding the affects of the COVID-19 Pandemic on its business operations as well as updates to its Litigation section. The Company is also updating its Maximum Offering amount to 377,000 | sec.gov |
| March 12, 2020 | Progress update | $100,000 | $1,070,000 | March 6, 2020 | The Offering closed successfully on 03/06/2020, having received investment commitments of $372,416, although a final accounting has not taken place. | sec.gov |
| November 8, 2019 | Offering | $100,000 | $1,070,000 | March 6, 2020 | sec.gov |
Updated May 4, 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.