Data / Crowdfunding / New York / Swoon City Music LLC
Swoon City Music LLC: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $107,000 (2019)
Swoon City Music LLC, a limited liability company in Brooklyn, NY, filed a Form C with the SEC on April 5, 2019 to raise $10,000 to $107,000 in Class B Units through NetCapital Funding Portal Inc.. The offering closed on April 30, 2019. In its most recent fiscal year it reported $4,250 in revenue and a net loss of $138,683, with 3 employees.
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- Website
- swooncitymusic.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 502 Smith Street, Brooklyn, NY 11231
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- January 29, 2016
- SEC CIK
- 0001673927
Offering terms
From the amendment filed April 5, 2019.
- Security
- Class B Units
- Price
- $1.00
- Target
- $10,000
- Maximum
- $107,000
- Deadline
- April 30, 2019
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-U filed May 6, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,250 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-138,683 | $-65,183 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $134 | $92,817 | sec.gov |
| Cash | $134 | $92,817 | 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 | Progress update | $10,000 | $107,000 | April 30, 2019 | End of offering. Issuer raised an estimated $10,908. | sec.gov |
| April 5, 2019 | Amendment | $10,000 | $107,000 | April 30, 2019 | issuer extended offering deadline. | sec.gov |
| March 14, 2019 | Amendment | $10,000 | $107,000 | April 5, 2019 | correcting end date from former filing. | sec.gov |
| March 12, 2019 | Amendment | $10,000 | $107,000 | June 12, 2019 | issuer extended offering deadline. | sec.gov |
| January 29, 2019 | Amendment | $10,000 | $107,000 | March 15, 2019 | issuer extended offering deadline. | sec.gov |
| January 3, 2019 | Amendment | $10,000 | $107,000 | January 31, 2019 | issuer extended offering deadline. | sec.gov |
| December 4, 2018 | Amendment | $10,000 | $107,000 | January 4, 2019 | issuer extended offering. | sec.gov |
| December 3, 2018 | Amendment | $10,000 | $107,000 | December 4, 2018 | issuer decided to extend their offering. | sec.gov |
| November 1, 2018 | Amendment | $10,000 | $107,000 | December 4, 2018 | Issuer extended offering deadline. | sec.gov |
| October 11, 2018 | Amendment | $10,000 | $107,000 | November 2, 2018 | Issuer extended offering deadline. | sec.gov |
| October 1, 2018 | Amendment | $10,000 | $107,000 | October 12, 2018 | Extending offering deadline and adding Custodial and Voting Agreement | sec.gov |
| September 12, 2018 | Amendment | $10,000 | $107,000 | October 2, 2018 | Issuer extended offering deadline. | sec.gov |
| August 24, 2018 | Amendment | $10,000 | $107,000 | September 17, 2018 | Issuer extended the offering deadline. | sec.gov |
| July 16, 2018 | Amendment | $10,000 | $107,000 | August 28, 2018 | Issuer extended offering deadline. | sec.gov |
| May 22, 2018 | Offering | $10,000 | $107,000 | July 24, 2018 | 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.