Data / Crowdfunding / Florida / We Are Kula, LLC
We Are Kula, LLC: crowdfunding raise on NetCapital Funding Portal Inc., $10,001 to $106,875 (2020)
We Are Kula, LLC, a limited liability company in Boca Raton, FL, filed a Form C with the SEC on July 29, 2020 to raise $10,001 to $106,875 in Membership Interest Units through NetCapital Funding Portal Inc.. The offering closed on September 29, 2020. In its most recent fiscal year it reported $110 in revenue and a net loss of $109,081, with 2 employees.
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- Website
- www.kulacrate.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 136 NE 16th Street, Boca Raton, FL 33432
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- April 24, 2018
- SEC CIK
- 0001796619
Offering terms
From the amendment filed July 29, 2020.
- Security
- Membership Interest Units
- Price
- $2.25
- Target
- $10,001
- Maximum
- $106,875
- Deadline
- September 29, 2020
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-U filed October 6, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $110 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-109,081 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $9,994 | $0 | sec.gov |
| Cash | $837 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $107,222 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 6, 2020 | Progress update | $10,001 | $106,875 | September 29, 2020 | End of offering. Issuer closed its offering with estimated gross proceeds of $12,479. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| July 29, 2020 | Amendment | $10,001 | $106,875 | September 29, 2020 | issuer extended the offering date. | sec.gov |
| June 25, 2020 | Amendment | $10,001 | $106,875 | July 29, 2020 | issuer extended the offering date. | sec.gov |
| April 27, 2020 | Amendment | $10,001 | $106,875 | June 26, 2020 | issuer updated the financial statements and financial condition with 2019 data so they could stay "live" past april 30th, 2020.issuer extended the offering date. | sec.gov |
| April 13, 2020 | Amendment | $10,001 | $106,875 | April 30, 2020 | issuer extended the offering date. | sec.gov |
| February 14, 2020 | Offering | $10,001 | $106,875 | April 16, 2020 | sec.gov |
Updated October 6, 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.