Data / Crowdfunding / Utah / Timpanogos Hiking Co
Timpanogos Hiking Co: crowdfunding raise on Honeycomb Portal LLC, $50,000 to $100,000 (2024)
Timpanogos Hiking Co, a limited liability company in Provo, UT, filed a Form C with the SEC on January 31, 2024 to raise $50,000 to $100,000 in debt through Honeycomb Portal LLC. The offering closed on March 15, 2024. In its most recent fiscal year it reported $147,075 in revenue and $36,221 in net income, with 3 employees.
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- Website
- www.timpanogoshiking.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 252 N. UNIVERSITY AVE., Provo, UT 84601
- Legal form
- Limited Liability Company
- Jurisdiction
- UT
- Incorporated
- July 18, 2022
- SEC CIK
- 0002008361
Offering terms
From the offering filed January 31, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $100,000
- Deadline
- March 15, 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 filed January 31, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $147,075 | $0 | sec.gov |
| Cost of goods sold | $14 | $0 | sec.gov |
| Net income | $36,221 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $79,789 | $0 | sec.gov |
| Cash | $6,581 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $8,643 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 31, 2024 | Offering | $50,000 | $100,000 | March 15, 2024 | sec.gov |
Updated January 31, 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.