Data / Crowdfunding / Colorado / Yolo Rum, LLC
Yolo Rum, LLC: crowdfunding raise on Wefunder Portal LLC, $125,000 to $1,000,000 (2018)
Yolo Rum, LLC, a limited liability company in Denver, CO, filed a Form C with the SEC on September 4, 2018 to raise $125,000 to $1,000,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on August 31, 2018. In its most recent fiscal year it reported $0 in revenue and a net loss of $230,305.
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- Website
- www.yolorum.com
- Funding portal
- Wefunder Portal LLC
- Address
- 5612 E Colfax Ave, Denver, CO 80220
- Legal form
- Limited Liability Company
- Jurisdiction
- CO
- Incorporated
- March 5, 2018
- SEC CIK
- 0001743207
Offering terms
From the amendment filed September 4, 2018.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $125,000
- Maximum
- $1,000,000
- Deadline
- August 31, 2018
- Portal compensation
- 5.0% 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-AR filed June 10, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-230,305 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $925 | $0 | sec.gov |
| Cash | $925 | $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 |
|---|---|---|---|---|---|---|
| June 10, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| September 4, 2018 | Amendment | $125,000 | $1,000,000 | August 31, 2018 | Change deadline date; Add transcript | sec.gov |
| June 22, 2018 | Amendment | $125,000 | $1,000,000 | December 10, 2018 | Added early bird terms of $5M valuation cap for first $250k investors (i.e. all investors who have currently committed). Increased valuation cap to $10M for future investors. | sec.gov |
| June 14, 2018 | Offering | $125,000 | $1,000,000 | December 10, 2018 | sec.gov |
Updated June 10, 2020. 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.