Data / Crowdfunding / California / Teak Tea, Inc.
Teak Tea, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,000,000 (2019)
Teak Tea, Inc., a corporation in Marina Del Rey, CA, filed a Form C with the SEC on July 19, 2019 to raise $50,000 to $1,000,000 in common stock through Wefunder Portal LLC. The offering closed on October 31, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $650, with 1 employees.
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- Website
- www.teakteas.com
- Funding portal
- Wefunder Portal LLC
- Address
- 25 Quarterdeck Street, Marina Del Rey, CA 90292
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- April 10, 2019
- SEC CIK
- 0001777897
Offering terms
From the offering filed July 19, 2019.
- Security
- Common Stock
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,000,000
- Deadline
- October 31, 2019
- Portal compensation
- 4.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed July 19, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-650 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $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 |
|---|---|---|---|---|---|---|
| July 19, 2019 | Offering | $50,000 | $1,000,000 | October 31, 2019 | sec.gov |
Updated July 19, 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.