Data / Crowdfunding / Massachusetts / True East Leaf, LLC
True East Leaf, LLC: crowdfunding raise on MainVest, Inc., $50,000 to $150,000 (2022)
True East Leaf, LLC, a limited liability company in Pittsfield, MA, filed a Form C with the SEC on April 22, 2022 to raise $50,000 to $150,000 in debt through MainVest, Inc.. The offering closed on May 24, 2022. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 2 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.trueeastleaf.com
- Funding portal
- MainVest, Inc.
- Address
- 161 SEYMOUR ST, Pittsfield, MA 01201
- Legal form
- Limited Liability Company
- Jurisdiction
- MA
- Incorporated
- April 22, 2019
- SEC CIK
- 0001904846
Offering terms
From the amendment filed April 22, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $150,000
- Deadline
- May 24, 2022
- Portal compensation
- MainVest will be paid Three (3) Percent of the amount of the Offering raised by First Time Users of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed May 25, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $194,000 | $194,000 | sec.gov |
| Cash | $0 | $0 | 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 25, 2022 | Progress update | $50,000 | $150,000 | May 24, 2022 | At the close of the offering, the issuer closed on $50,300. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| April 22, 2022 | Amendment | $50,000 | $150,000 | May 24, 2022 | Issuer is extending the deadline to invest. Issuer is amending the target offering amount. Issuer is amending the maximum offering amount. Issuer is adjusting payback terms. Issuer is adjusting use of funds and revenue share percentage. | sec.gov |
| January 14, 2022 | Offering | $100,000 | $250,000 | April 22, 2022 | sec.gov |
Updated May 25, 2022. 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.