Data / Crowdfunding / Iowa / Up-Gift LLC
Up-Gift LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $30,000 (2024)
Up-Gift LLC, a limited liability company in Denver, IA, filed a Form C with the SEC on August 9, 2024 to raise $25,000 to $30,000 in debt through Honeycomb Portal LLC. The offering closed on September 9, 2024. In its most recent fiscal year it reported $69,161 in revenue and $7,971 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.localshopspace.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 103 EAST MAIN STREET, Denver, IA 50622
- Legal form
- Limited Liability Company
- Jurisdiction
- IA
- Incorporated
- April 15, 2022
- SEC CIK
- 0002032100
Offering terms
From the amendment filed August 9, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $30,000
- Deadline
- September 9, 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/A filed August 9, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $69,161 | $0 | sec.gov |
| Cost of goods sold | $40,308 | $0 | sec.gov |
| Net income | $7,971 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $15,564 | $0 | sec.gov |
| Cash | $13,087 | $0 | sec.gov |
| Accounts receivable | $-903 | $0 | sec.gov |
| Short-term debt | $24,186 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 9, 2024 | Amendment | $25,000 | $30,000 | September 9, 2024 | Extend target end date | sec.gov |
| August 2, 2024 | Offering | $25,000 | $30,000 | September 5, 2024 | sec.gov |
Updated August 9, 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.