Data / Crowdfunding / Pennsylvania / Upper Row LLC
Upper Row LLC: crowdfunding raise on Honeycomb Portal LLC, $10,000 to $25,000 (2020)
Upper Row LLC, a limited liability company in Detroit, PA, filed a Form C with the SEC on April 7, 2020 to raise $10,000 to $25,000 in debt through Honeycomb Portal LLC. The offering closed on April 14, 2020. In its most recent fiscal year it reported $42,999 in revenue and a net loss of $12,227, with 3 employees.
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- Website
- www.upperow.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 8900 E JEFFERSON UNIT, Detroit, PA 48214
- Legal form
- Limited Liability Company
- Jurisdiction
- MI
- Incorporated
- July 15, 2014
- SEC CIK
- 0001802485
Offering terms
From the amendment filed April 7, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $10,000
- Maximum
- $25,000
- Deadline
- April 14, 2020
- Portal compensation
- Total amount raised in offering between $15K-$19,999 = 8.0% of total offering. Above $20,000 = 7.0% of total offering. 2.85% per investment (capped @ $37.25) and a $250 posting fee
Financials
From the Form C-U filed April 20, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $42,999 | $0 | sec.gov |
| Cost of goods sold | $7,264 | $0 | sec.gov |
| Net income | $-12,227 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $152,992 | $0 | sec.gov |
| Cash | $1,120 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $48,992 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 20, 2020 | Progress update | $10,000 | $25,000 | April 14, 2020 | Total raised $10,250 | sec.gov |
| April 7, 2020 | Amendment | $10,000 | $25,000 | April 14, 2020 | Change to target minimum and target end date. Addition of COVID-19 risk disclosure and Force Majeure clause. | sec.gov |
| February 24, 2020 | Amendment | $15,000 | $25,000 | April 9, 2020 | change to target end date. | sec.gov |
| February 19, 2020 | Offering | $15,000 | $25,000 | April 27, 2020 | sec.gov |
Updated April 30, 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.