Data / Crowdfunding / Arizona / Yerbae Brands Co.
Yerbae Brands Co.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $4,999,999 (2022)
Yerbae Brands Co., a corporation in Scottsdale, AZ, filed a Form C with the SEC on June 15, 2022 to raise $9,999 to $4,999,999 in Non-Voting Common - Class 2022-1 through StartEngine Capital, LLC. The offering closed on September 13, 2022. In its most recent fiscal year it reported $7,166,847 in revenue and a net loss of $9,100,426, with 22 employees.
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- Website
- yerbae.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 18801 N Thompson Peak Parkway Suite D-380, Scottsdale, AZ 85254
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 21, 2020
- SEC CIK
- 0001823354
Offering terms
From the offering filed June 15, 2022.
- Security
- Non-Voting Common - Class 2022-1
- Price
- $1.37
- Target
- $9,999
- Maximum
- $4,999,999
- Deadline
- September 13, 2022
- Portal compensation
- 9 percent
Financials
From the Form C-AR filed May 2, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $7,166,847 | $6,045,089 | sec.gov |
| Cost of goods sold | $2,952,273 | $2,423,723 | sec.gov |
| Net income | $-9,100,426 | $-3,801,661 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,371,333 | $1,446,337 | sec.gov |
| Cash | $856,547 | $347,806 | sec.gov |
| Accounts receivable | $922,725 | $308,417 | sec.gov |
| Short-term debt | $8,212,892 | $1,547,962 | sec.gov |
| Long-term debt | $576,795 | $315,030 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 4, 2022 | Progress update | $9,999 | $4,999,999 | September 13, 2022 | At the close of the offering, the issuer closed on $140,507.68 and 105,771 number of securities. | sec.gov |
| June 15, 2022 | Offering | $9,999 | $4,999,999 | September 13, 2022 | sec.gov | |
| April 27, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 27, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| November 9, 2021 | Progress update | $9,998 | $1,069,942 | March 25, 2021 | Adjustment to the initial Form C-U filing of 05-25-2021. At the close of the offering, the issuer closed on $1,032,295.34 and 521,948 number of securities. | sec.gov |
| May 25, 2021 | Progress update | $9,998 | $1,069,942 | March 25, 2021 | Adjustment to the initial Form C-U filing of 04-01-2021. At the close of the offering, the issuer closed on $1,033,294.72 and 522,439 number of securities. | sec.gov |
| April 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 1, 2021 | Progress update | $9,998 | $1,069,942 | March 25, 2021 | At the close of the offering, the issuer closed on $1,033,294.72 and 522,439 number of securities. Securities are: Common Non-Voting 2020-1. | sec.gov |
| December 22, 2020 | Amendment | $9,998 | $1,069,942 | March 25, 2021 | Issuer is extending the length of their campaign by 90 days. | sec.gov |
| October 13, 2020 | Amendment | $9,998 | $1,069,942 | December 24, 2020 | Updating campaign page | sec.gov |
| September 25, 2020 | Offering | $9,998 | $1,069,942 | December 24, 2020 | sec.gov |
Updated May 2, 2023. 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.