Data / Crowdfunding / Illinois / Worthy Foods, LLC
Worthy Foods, LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2021)
Worthy Foods, LLC, a limited liability company in Chicago, IL, filed a Form C with the SEC on December 13, 2021 to raise $50,000 to $1,070,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $159,927 in revenue and a net loss of $724,530, with 2 employees.
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- Website
- www.theworthycompany.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2950 N Sheridan Rd Apt 1402, Chicago, IL 60657
- Legal form
- Limited Liability Company
- Jurisdiction
- NY
- Incorporated
- December 29, 2015
- SEC CIK
- 0001894658
Offering terms
From the offering filed December 13, 2021.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- 6.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed December 13, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $159,927 | $129,683 | sec.gov |
| Cost of goods sold | $212,850 | $214,580 | sec.gov |
| Net income | $-724,530 | $-445,311 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $204,879 | $149,643 | sec.gov |
| Cash | $0 | $27,861 | sec.gov |
| Accounts receivable | $3,595 | $0 | sec.gov |
| Short-term debt | $156,869 | $51,627 | sec.gov |
| Long-term debt | $1,644,076 | $969,552 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 13, 2021 | Offering | $50,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated December 13, 2021. 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.