Data / Crowdfunding / California / West Coast Pretzels, Inc.
West Coast Pretzels, Inc.: crowdfunding raise on SMBX, Inc., $50,000 to $150,000 (2022)
West Coast Pretzels, Inc., a corporation in Studio City, CA, filed a Form C with the SEC on July 13, 2022 to raise $50,000 to $150,000 in debt through SMBX, Inc.. The offering closed on August 25, 2022. In its most recent fiscal year it reported $83,886 in revenue and a net loss of $78,233, with 2 employees.
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- Website
- westcoastpretzels.com
- Funding portal
- SMBX, Inc.
- Address
- 11555 DONA PEPITA PLACE, Studio City, CA 91604
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- July 11, 2019
- SEC CIK
- 0001936226
Offering terms
From the offering filed July 13, 2022.
- Security
- Debt
- Price
- $10.00
- Target
- $50,000
- Maximum
- $150,000
- Deadline
- August 25, 2022
- Portal compensation
- For West Coast Pretzel, Inc.'s raise, SMBX will be charging a capital raise fee of 3.50% (up to $5,250 based on the total amount raised)
Financials
From the Form C filed July 13, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $83,886 | $20,435 | sec.gov |
| Cost of goods sold | $22,792 | $6,223 | sec.gov |
| Net income | $-78,233 | $-15,376 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $215,834 | $171,799 | sec.gov |
| Cash | $80,564 | $74,794 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $54,766 | $36,465 | sec.gov |
| Long-term debt | $44,055 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 13, 2022 | Offering | $50,000 | $150,000 | August 25, 2022 | sec.gov |
Updated July 13, 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.