Data / Crowdfunding / New York / WANDERING BARMAN LLC
WANDERING BARMAN LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $500,000 (2020)
WANDERING BARMAN LLC, a limited liability company in Ridgewood, NY, filed a Form C with the SEC on March 2, 2020 to raise $25,000 to $500,000 in Crowd Safe units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 3, 2020. In its most recent fiscal year it reported $205,714 in revenue and $2,578 in net income, with 4 employees.
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- Website
- www.wanderingbarman.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 1080 WYCKOFF AVENUE A03, Ridgewood, NY 11385
- Legal form
- Limited Liability Company
- Jurisdiction
- NY
- Incorporated
- October 3, 2016
- SEC CIK
- 0001706429
Offering terms
From the amendment filed March 2, 2020.
- Security
- Crowd Safe units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $500,000
- Deadline
- April 3, 2020
- Portal compensation
- The issuer shall pay to the intermediary at the conclusion of the offering a fee of six percent (6%) of the amount raised in the offering.
Financials
From the Form C-AR filed May 15, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $205,714 | $75,515 | sec.gov |
| Cost of goods sold | $108,195 | $34,487 | sec.gov |
| Net income | $2,578 | $3,875 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $138,914 | $71,342 | sec.gov |
| Cash | $90,366 | $30,401 | sec.gov |
| Accounts receivable | $21,620 | $17,612 | sec.gov |
| Short-term debt | $19,570 | $8,211 | sec.gov |
| Long-term debt | $101,021 | $14,403 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 9, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 15, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 6, 2020 | Progress update | $25,000 | $500,000 | April 3, 2020 | The Offering closed successfully on April 3, 2020, having received investment commitments of $170,182, although a final accounting has not taken place. | sec.gov |
| March 2, 2020 | Amendment | $25,000 | $500,000 | April 3, 2020 | The Form C is hereby amended to extend the offering deadline to April 3, 2020 and to update information previously provided. | sec.gov |
| November 5, 2019 | Offering | $25,000 | $500,000 | March 3, 2020 | sec.gov |
Updated June 9, 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.