Data / Crowdfunding / Connecticut / Upright Foods Inc.
Upright Foods Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Upright Foods Inc., a corporation in Branford, CT, filed a Form C with the SEC on August 16, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 31, 2022. In its most recent fiscal year it reported $21,305 in revenue and a net loss of $77,085.
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
- uprightoats.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 1204 MAIN STREET SUITE 552, Branford, CT 06405
- Legal form
- Corporation
- Jurisdiction
- CT
- Incorporated
- April 2, 2019
- SEC CIK
- 0001828473
Offering terms
From the amendment filed August 16, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- January 31, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed March 11, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $21,305 | $13,539 | sec.gov |
| Cost of goods sold | $36,898 | $55,364 | sec.gov |
| Net income | $-77,085 | $-164,193 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $141,407 | $217,930 | sec.gov |
| Cash | $40,574 | $105,204 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,812 | $2,250 | sec.gov |
| Long-term debt | $393,245 | $393,245 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 11, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 11, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 1, 2022 | Progress update | $25,000 | $1,070,000 | January 31, 2022 | The Offering closed successfully on 2/1/2022, having received investment commitments of $200,132.00. The issuer conducted its second and final rolling close on 7/8/21 All investments received after that that date were cancelled. | sec.gov |
| August 16, 2021 | Amendment | $25,000 | $1,070,000 | January 31, 2022 | This Form C/A amends the Form C filed on April 8, 2021, by extending the offering deadline from August 20, 2021 to January 31, 2022. Additionally, this Form C/A updates the outstanding debt and cash on hand of the Company. | sec.gov |
| April 8, 2021 | Offering | $25,000 | $1,070,000 | August 20, 2021 | sec.gov |
Updated March 11, 2025. 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.