Data / Crowdfunding / Florida / Tendedbar LLC
Tendedbar LLC: crowdfunding raise on First Democracy VC, $25,000 to $500,000 (2018)
Tendedbar LLC, a limited liability company in Jacksonville Beach, FL, filed a Form C with the SEC on December 6, 2018 to raise $25,000 to $500,000 in Series Seed Preferred Units through First Democracy VC. The offering closed on December 10, 2018. In its most recent fiscal year it reported $38,229 in revenue and a net loss of $20,123.
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- Website
- www.tendedbar.com
- Funding portal
- First Democracy VC
- Address
- 1849 ARDEN WAY, Jacksonville Beach, FL 32250
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- July 30, 2014
- SEC CIK
- 0001753754
Offering terms
From the amendment filed December 6, 2018.
- Security
- Series Seed Preferred Units
- Price
- $5.00
- Target
- $25,000
- Maximum
- $500,000
- Deadline
- December 10, 2018
- Portal compensation
- The issuer shall pay to the intermediary at the conclusion of the Offering a fee consisting of six and one-half percent (6.50%) commission based on the amount of investments raised in the Offering.
Financials
From the Form C-AR filed June 1, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $38,229 | $23,647 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-20,123 | $193,535 | sec.gov |
| Taxes paid | $0 | $3,794 | sec.gov |
| Total assets | $10,835 | $9,641 | sec.gov |
| Cash | $10,264 | $195,297 | sec.gov |
| Accounts receivable | $500 | $500 | sec.gov |
| Short-term debt | $33,434 | $14,694 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 20, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 1, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| November 2, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| December 14, 2018 | Progress update | $25,000 | $500,000 | December 10, 2018 | $212,613 in investments. Payments still being processed; final number yet to be determined. | sec.gov |
| December 6, 2018 | Amendment | $25,000 | $500,000 | December 10, 2018 | Added webinar transcript (attached as Exhibit H to Form C). | sec.gov |
| November 13, 2018 | Amendment | $25,000 | $500,000 | December 10, 2018 | The Offering deadline was extended to December 10, 2018. Additionally, the financials in this Form C-A were updated due to a financial review that was completed as required by Regulation CF to increase the maximum raise to $500,000. | sec.gov |
| October 29, 2018 | Amendment | $25,000 | $107,000 | December 3, 2018 | The company is filing this Amendment to its Form C to add an amended Operating Agreement (Exhibit G) and to insert language regarding the abandonment of units by Radical Investments Management LLC. | sec.gov |
| October 4, 2018 | Offering | $25,000 | $107,000 | December 3, 2018 | sec.gov |
Updated October 20, 2021. 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.