Data / Crowdfunding / Texas / Wichita Falls Brewing Company, LLC
Wichita Falls Brewing Company, LLC: crowdfunding raise on NextSeed US LLC, $75,000 to $125,000 (2018)
Wichita Falls Brewing Company, LLC, a limited liability company in Wichita Falls, TX, filed a Form C with the SEC on February 13, 2018 to raise $75,000 to $125,000 in debt through NextSeed US LLC. The offering closed on April 30, 2018. In its most recent fiscal year it reported $444,675 in revenue and a net loss of $34,680, with 5 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.wichitafallsbrewing.com
- Funding portal
- NextSeed US LLC
- Address
- 701 INDIANA AVE, Wichita Falls, TX 76301
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- December 16, 2016
- SEC CIK
- 0001719921
Offering terms
From the offering filed February 13, 2018.
- Security
- Debt
- Target
- $75,000
- Maximum
- $125,000
- Deadline
- April 30, 2018
- Portal compensation
- NextSeed charges the Issuer 10% of the total offering amount as compensation for its services provided in connection with the offering, provided that NextSeed will only charge 5% for funds raised from investors referred by the Issuer.
Financials
From the Form C-AR filed May 14, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $444,675 | $12,000 | sec.gov |
| Cost of goods sold | $102,420 | $0 | sec.gov |
| Net income | $-34,680 | $-55,836 | sec.gov |
| Taxes paid | $5,593 | $0 | sec.gov |
| Total assets | $664,882 | $419,639 | sec.gov |
| Cash | $79,316 | $67,689 | sec.gov |
| Accounts receivable | $1,790 | $20,000 | sec.gov |
| Short-term debt | $95,386 | $0 | sec.gov |
| Long-term debt | $276,586 | $299,389 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 14, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 17, 2018 | Progress update | $75,000 | $125,000 | April 30, 2018 | The issuer raised $125,000. | sec.gov |
| February 13, 2018 | Offering | $75,000 | $125,000 | April 30, 2018 | sec.gov |
Updated May 14, 2019. 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.