Data / Crowdfunding / Arizona / Thrive and Grow Farms LLC
Thrive and Grow Farms LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $124,000 (2023)
Thrive and Grow Farms LLC, a limited liability company in Vail, AZ, filed a Form C with the SEC on May 26, 2023 to raise $50,000 to $124,000 in debt through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $21,272 in revenue and $18,399 in net income, with 3 employees.
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- Website
- www.thriveandgrowfarms.com
- Funding portal
- Wefunder Portal LLC
- Address
- 11650 Sth Lava Peak Ave, Vail, AZ 85641
- Legal form
- Limited Liability Company
- Jurisdiction
- AZ
- Incorporated
- February 12, 2020
- SEC CIK
- 0001976764
Offering terms
From the offering filed May 26, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- April 29, 2024
- Portal compensation
- 6.5% 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 May 26, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $21,272 | $952 | sec.gov |
| Cost of goods sold | $2,875 | $9 | sec.gov |
| Net income | $18,399 | $-468 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $5,183 | $2,924 | sec.gov |
| Cash | $3,008 | $750 | 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 26, 2023 | Offering | $50,000 | $124,000 | April 29, 2024 | sec.gov |
Updated May 26, 2023. 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.