Data / Crowdfunding / Illinois / Temperance Beer Company, LLC
Temperance Beer Company, LLC: crowdfunding raise on Honeycomb Portal LLC, $60,000 to $124,000 (2024)
Temperance Beer Company, LLC, a limited liability company in Evanston, IL, filed a Form C with the SEC on January 22, 2024 to raise $60,000 to $124,000 in debt through Honeycomb Portal LLC. The offering closed on January 28, 2024. In its most recent fiscal year it reported $551,680 in revenue and a net loss of $173,269, with 13 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- temperancebeer.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 2000 DEMPSTER ST N/A, Evanston, IL 60202
- Legal form
- Limited Liability Company
- Jurisdiction
- IL
- Incorporated
- January 19, 2012
- SEC CIK
- 0002003181
Offering terms
From the amendment filed January 22, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $60,000
- Maximum
- $124,000
- Deadline
- January 28, 2024
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed February 9, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $551,680 | $1,404,466 | sec.gov |
| Cost of goods sold | $339,372 | $792,506 | sec.gov |
| Net income | $-173,269 | $-47,344 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $910,291 | $1,115,253 | sec.gov |
| Cash | $50,980 | $172,758 | sec.gov |
| Accounts receivable | $49,041 | $102,705 | sec.gov |
| Short-term debt | $139,770 | $44,717 | sec.gov |
| Long-term debt | $1,110,574 | $910,469 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 9, 2024 | Progress update | $60,000 | $124,000 | January 28, 2024 | Total amount raised $124,000 | sec.gov |
| January 22, 2024 | Amendment | $60,000 | $124,000 | January 28, 2024 | Target end date updated | sec.gov |
| December 14, 2023 | Offering | $60,000 | $124,000 | January 15, 2024 | sec.gov |
Updated February 9, 2024. 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.