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Data / Crowdfunding / Michigan / WereDough, LLC

WereDough, LLC: crowdfunding raise on MainVest, Inc., $15,000 to $30,000 (2022)

WereDough, LLC, a limited liability company in Flint, MI, filed a Form C with the SEC on June 7, 2022 to raise $15,000 to $30,000 in debt through MainVest, Inc.. The offering closed on August 19, 2022. In its most recent fiscal year it reported $90,426 in revenue and a net loss of $16,785, with 6 employees.

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Website
www.weredoughflint.com
Funding portal
MainVest, Inc.
Address
5349 FENTON RD, Flint, MI 48507
Legal form
Limited Liability Company
Jurisdiction
MI
Incorporated
October 1, 2019
SEC CIK
0001887969

Offering terms

From the offering filed June 7, 2022.

Security
Debt
Price
$1.00
Target
$15,000
Maximum
$30,000
Deadline
August 19, 2022
Portal compensation
MainVest will be paid Three (3) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.

Financials

From the Form C-U filed August 22, 2022.

Most recent fiscal yearPrior fiscal yearSource
Revenue$90,426$0sec.gov
Cost of goods sold$15,800$0sec.gov
Net income$-16,785$0sec.gov
Taxes paid$5,363$0sec.gov
Total assets$9,540$0sec.gov
Cash$0$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$0$0sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
August 22, 2022Progress update$15,000$30,000August 19, 2022At the close of the offering, the issuer closed on $30,000. The funds are currently being processed. The actual amount may be lower.sec.gov
June 7, 2022Offering$15,000$30,000August 19, 2022sec.gov
December 14, 2021Progress update$20,000$75,000December 10, 2021At the close of the offering, the issuer closed on $22,200. The funds are currently being processed. The actual amount may be lower.sec.gov
October 14, 2021Offering$20,000$75,000December 10, 2021sec.gov

All filings on sec.gov

Updated August 22, 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.