Data / Crowdfunding / California / Traveling Spoon
Traveling Spoon: crowdfunding raise on SI SECURITIES, LLC, $150,000 to $300,000 (2016)
Traveling Spoon, a corporation in San Francisco, CA, filed a Form C with the SEC on November 29, 2016 to raise $150,000 to $300,000 in debt through SI SECURITIES, LLC. The offering closed on February 10, 2017. In its most recent fiscal year it reported $54,468 in revenue and a net loss of $521,817, with 5 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
- www.travelingspoon.com
- Funding portal
- SI SECURITIES, LLC
- Address
- PO BOX 40758, San Francisco, CA 94140
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 24, 2013
- SEC CIK
- 0001597895
Offering terms
From the amendment filed November 29, 2016.
- Security
- Debt
- Price
- $1.00
- Target
- $150,000
- Maximum
- $300,000
- Deadline
- February 10, 2017
- Portal compensation
- SI Securities, LLC will receive a 5% cash commission and 5% equity commission on all sales through the portal and (e.g., $5,000 cash and $5,000 equity on a raise of $100,000)
Financials
From the Form C-AR filed April 28, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $54,468 | $31,790 | sec.gov |
| Cost of goods sold | $39,000 | $39,154 | sec.gov |
| Net income | $-521,817 | $-566,481 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $241,840 | $173,089 | sec.gov |
| Cash | $235,339 | $81,961 | sec.gov |
| Accounts receivable | $2,905 | $0 | sec.gov |
| Short-term debt | $1,559,749 | $975,070 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 6, 2017 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 28, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| March 30, 2017 | Progress update | $150,000 | $300,000 | February 10, 2017 | $270,000 is our best estimate for the total amount of securities that will be sold. | sec.gov |
| November 29, 2016 | Amendment | $150,000 | $300,000 | February 10, 2017 | Non-material addition of information related to perks being offered to investors in this offering. | sec.gov |
| November 16, 2016 | Offering | $150,000 | $300,000 | February 10, 2017 | sec.gov |
Updated June 6, 2017. 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.