Data / Crowdfunding / Texas / Xin Chao LLC
Xin Chao LLC: crowdfunding raise on NEXTSEED SECURITIES, LLC, $75,000 to $107,000 (2020)
Xin Chao LLC, a limited liability company in Houston, TX, filed a Form C with the SEC on February 20, 2020 to raise $75,000 to $107,000 in debt through NEXTSEED SECURITIES, LLC. The offering closed on April 30, 2020. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 3 employees.
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- Website
- www.xinchaohtx.com
- Funding portal
- NEXTSEED SECURITIES, LLC
- Address
- 2310 DECATUR ST., Houston, TX 77007
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- December 18, 2019
- SEC CIK
- 0001802569
Offering terms
From the offering filed February 20, 2020.
- Security
- Debt
- Target
- $75,000
- Maximum
- $107,000
- Deadline
- April 30, 2020
- Portal compensation
- 10% of the total Offering Amount; provided that NextSeed will only charge 5% of the amount raised from investors that were introduced to the NextSeed website by the Issuer.
Financials
From the Form C-AR filed April 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $51,535 | $0 | sec.gov |
| Cash | $19,953 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 14, 2020 | Progress update | $75,000 | $107,000 | April 30, 2020 | Issuer raised $107,000. | sec.gov |
| February 20, 2020 | Offering | $75,000 | $107,000 | April 30, 2020 | sec.gov |
Updated April 29, 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.