Data / Crowdfunding / Idaho / Treefort, LLC
Treefort, LLC: crowdfunding raise on Wefunder Portal LLC, $50,001 to $1,050,000 (2021)
Treefort, LLC, a limited liability company in Boise, ID, filed a Form C with the SEC on March 10, 2021 to raise $50,001 to $1,050,000 in preferred stock through Wefunder Portal LLC. The offering closed on October 15, 2021. In its most recent fiscal year it reported $34,575 in revenue and a net loss of $742,131, with 4 employees.
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- Website
- www.treefortmusicfest.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1605 N 13th Street, Suite A, Boise, ID 83702
- Legal form
- Limited Liability Company
- Jurisdiction
- ID
- Incorporated
- July 1, 2014
- SEC CIK
- 0001818283
Offering terms
From the amendment filed March 10, 2021.
- Security
- Preferred Stock
- Price
- $21.00
- Target
- $50,001
- Maximum
- $1,050,000
- Deadline
- October 15, 2021
- Portal compensation
- 3.75% 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/A filed March 10, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $34,575 | $1,761,897 | sec.gov |
| Cost of goods sold | $11,290 | $204,496 | sec.gov |
| Net income | $-742,131 | $-16,167 | sec.gov |
| Taxes paid | $20,353 | $17,545 | sec.gov |
| Total assets | $616,520 | $183,766 | sec.gov |
| Cash | $193,577 | $19,358 | sec.gov |
| Accounts receivable | $47,506 | $151,774 | sec.gov |
| Short-term debt | $1,191,518 | $166,633 | sec.gov |
| Long-term debt | $150,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 10, 2021 | Amendment | $50,001 | $1,050,000 | October 15, 2021 | Extending the campaign deadline. | sec.gov |
| January 15, 2021 | Amendment | $50,001 | $1,050,000 | March 31, 2021 | Adding CPA reviewed financial statements for 2018 - 2019, and 2019 - 2020 | sec.gov |
| July 17, 2020 | Offering | $50,001 | $1,050,000 | October 29, 2020 | sec.gov |
Updated March 10, 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.