Data / Crowdfunding / California / Volcano Kimchi LLC
Volcano Kimchi LLC: crowdfunding raise on SMBX, Inc., $50,000 to $124,000 (2022)
Volcano Kimchi LLC, a limited liability company in San Francisco, CA, filed a Form C with the SEC on November 10, 2022 to raise $50,000 to $124,000 in debt through SMBX, Inc.. The offering closed on December 27, 2022. In its most recent fiscal year it reported $282,464 in revenue and $31,985 in net income, with 3 employees.
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
- www.volcanokimchi.com
- Funding portal
- SMBX, Inc.
- Address
- 2558 29TH AVENUE, San Francisco, CA 94116
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- June 4, 2018
- SEC CIK
- 0001953587
Offering terms
From the offering filed November 10, 2022.
- Security
- Debt
- Price
- $10.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- December 27, 2022
- Portal compensation
- SMBX will be charging a capital raise fee of 3.75% (up to $4,650 based on the total amount raised).
Financials
From the Form C filed November 10, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $282,464 | $77,426 | sec.gov |
| Cost of goods sold | $54,109 | $23,853 | sec.gov |
| Net income | $31,985 | $-5,255 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $328,607 | $240,604 | sec.gov |
| Cash | $322,633 | $235,750 | sec.gov |
| Accounts receivable | $3,288 | $4,339 | sec.gov |
| Short-term debt | $3,439 | $898 | sec.gov |
| Long-term debt | $42,339 | $12,190 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 10, 2022 | Offering | $50,000 | $124,000 | December 27, 2022 | sec.gov |
Updated November 10, 2022. 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.