Data / Crowdfunding / New York / Urban Modesty Inc
Urban Modesty Inc: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $300,000 (2020)
Urban Modesty Inc, a corporation in Brooklyn, NY, filed a Form C with the SEC on March 5, 2020 to raise $25,000 to $300,000 in preferred stock through SI SECURITIES, LLC. The offering closed on April 29, 2020. In its most recent fiscal year it reported $273,788 in revenue and $36,588 in net income, with 1 employees.
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- Website
- www.urbanmodesty.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 171 99TH STREET, Brooklyn, NY 11209
- Legal form
- Corporation
- Jurisdiction
- NY
- Incorporated
- June 27, 2013
- SEC CIK
- 0001800525
Offering terms
From the offering filed March 5, 2020.
- Security
- Preferred Stock
- Price
- $7.50
- Target
- $25,000
- Maximum
- $300,000
- Deadline
- April 29, 2020
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-U filed April 28, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $273,788 | $324,340 | sec.gov |
| Cost of goods sold | $-139,977 | $-200,648 | sec.gov |
| Net income | $36,588 | $34,814 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $59,070 | $45,090 | sec.gov |
| Cash | $6,980 | $2,950 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $25,710 | $48,318 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2020 | Progress update | $25,000 | $300,000 | April 29, 2020 | The issuer raised approximately $96,097.50 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| March 5, 2020 | Offering | $25,000 | $300,000 | April 29, 2020 | sec.gov |
Updated April 28, 2020. 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.