Data / Crowdfunding / Florida / Uptown Network, LLC
Uptown Network, LLC: crowdfunding raise on Wefunder Portal LLC, $150,000 to $630,000 (2021)
Uptown Network, LLC, a limited liability company in Naples, FL, filed a Form C with the SEC on May 5, 2021 to raise $150,000 to $630,000 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $1,030,569 in revenue and a net loss of $590,209, with 10 employees.
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- Website
- www.uptownnetwork.com
- Funding portal
- Wefunder Portal LLC
- Address
- 6634 Willow Park Drive, Naples, FL 34109
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- April 25, 2011
- SEC CIK
- 0001633934
Offering terms
From the offering filed May 5, 2021.
- Security
- Preferred Stock
- Price
- $1.00
- Target
- $150,000
- Maximum
- $630,000
- Deadline
- April 30, 2022
- Portal compensation
- 6.5% 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 filed May 5, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,030,569 | $900,573 | sec.gov |
| Cost of goods sold | $318,833 | $408,370 | sec.gov |
| Net income | $-590,209 | $-1,116,058 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $288,595 | $355,641 | sec.gov |
| Cash | $62,805 | $124,037 | sec.gov |
| Accounts receivable | $85,255 | $52,236 | sec.gov |
| Short-term debt | $199,581 | $30,856 | sec.gov |
| Long-term debt | $424,000 | $250,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 5, 2021 | Offering | $150,000 | $630,000 | April 30, 2022 | sec.gov |
Updated May 5, 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.