Data / Crowdfunding / Illinois / Vegan Street Food Chicago LLC
Vegan Street Food Chicago LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $110,000 (2024)
Vegan Street Food Chicago LLC, a limited liability company in Chicago, IL, filed a Form C with the SEC on March 8, 2024 to raise $25,000 to $110,000 in debt through Honeycomb Portal LLC. The offering closed on April 1, 2024. In its most recent fiscal year it reported $1,612,977 in revenue and a net loss of $55,159, with 4 employees.
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- Website
- penelopesvegantaqueria.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 2310 W FOSTER AVE, Chicago, IL 60625
- Legal form
- Limited Liability Company
- Jurisdiction
- IL
- Incorporated
- June 1, 2021
- SEC CIK
- 0002009250
Offering terms
From the amendment filed March 8, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $110,000
- Deadline
- April 1, 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-U filed April 24, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,612,977 | $808,732 | sec.gov |
| Cost of goods sold | $30,368 | $31,130 | sec.gov |
| Net income | $-55,159 | $128,121 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $315,885 | $12,172 | sec.gov |
| Cash | $32,258 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $141,058 | $150,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 24, 2024 | Progress update | $25,000 | $110,000 | April 1, 2024 | Total raised $49,075 | sec.gov |
| March 8, 2024 | Amendment | $25,000 | $110,000 | April 1, 2024 | Amendment to deadline to reach target offering amount, and lowering target offering amount | sec.gov |
| January 25, 2024 | Offering | $50,000 | $110,000 | March 11, 2024 | sec.gov |
Updated April 24, 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.