Data / Crowdfunding / South Carolina / Tradesman Brewing Co. INC
Tradesman Brewing Co. INC: crowdfunding raise on MainVest, Inc., $50,000 to $249,000 (2021)
Tradesman Brewing Co. INC, a corporation in Charleston, SC, filed a Form C with the SEC on September 28, 2021 to raise $50,000 to $249,000 in debt through MainVest, Inc.. The offering closed on November 19, 2021. In its most recent fiscal year it reported $442,979 in revenue and a net loss of $163,605, with 1 employees.
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- Website
- www.tradesmanbrewing.com
- Funding portal
- MainVest, Inc.
- Address
- 1639 TATUM ST, Charleston, SC 29412
- Legal form
- Corporation
- Jurisdiction
- SC
- Incorporated
- July 30, 2013
- SEC CIK
- 0001875485
Offering terms
From the amendment filed September 28, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $249,000
- Deadline
- November 19, 2021
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed November 23, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $442,979 | $319,143 | sec.gov |
| Cost of goods sold | $9,029 | $28,499 | sec.gov |
| Net income | $-163,605 | $-311,117 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,069,764 | $1,181,518 | sec.gov |
| Cash | $359 | $12,929 | sec.gov |
| Accounts receivable | $0 | $1,029 | sec.gov |
| Short-term debt | $921,205 | $62,430 | sec.gov |
| Long-term debt | $1,065,302 | $1,142,457 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 23, 2021 | Progress update | $50,000 | $249,000 | November 19, 2021 | At the close of the offering, the issuer closed on $62,700. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| September 28, 2021 | Amendment | $50,000 | $249,000 | November 19, 2021 | Issuer is amending the Target Investment Amount. Issuer is also amending the revenue share percentage and use of funds accordingly. Lastly, Issue is amending the deadline to make an investment | sec.gov |
| August 19, 2021 | Amendment | $200,000 | $249,000 | October 1, 2021 | Issuer is amending financial statements for the most recent tax year found in appendix b. | sec.gov |
| July 29, 2021 | Offering | $200,000 | $249,000 | October 1, 2021 | sec.gov |
Updated November 23, 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.