Data / Crowdfunding / California / Young Kobras LLC
Young Kobras LLC: crowdfunding raise on SMBX, Inc., $30,000 to $124,000 (2023)
Young Kobras LLC, a limited liability company in San Carlos, CA, filed a Form C with the SEC on March 23, 2023 to raise $30,000 to $124,000 in debt through SMBX, Inc.. The offering closed on May 8, 2023. In its most recent fiscal year it reported $852,139 in revenue and $85,629 in net income, with 7 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.youngkobras.com
- Funding portal
- SMBX, Inc.
- Address
- 940 COMMERCIAL ST STE D, San Carlos, CA 94070
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- May 6, 2019
- SEC CIK
- 0001970241
Offering terms
From the offering filed March 23, 2023.
- Security
- Debt
- Price
- $10.00
- Target
- $30,000
- Maximum
- $124,000
- Deadline
- May 8, 2023
- Portal compensation
- SMBX will be charging a capital raise fee of 4.50% (up to $5,580 based on the total amount raised)
Financials
From the Form C filed March 23, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $852,139 | $575,315 | sec.gov |
| Cost of goods sold | $174,372 | $254,962 | sec.gov |
| Net income | $85,629 | $63,616 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $94,600 | $96,728 | sec.gov |
| Cash | $67,142 | $69,165 | sec.gov |
| Accounts receivable | $27,458 | $27,563 | sec.gov |
| Short-term debt | $-484 | $50,273 | sec.gov |
| Long-term debt | $90,000 | $90,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 23, 2023 | Offering | $30,000 | $124,000 | May 8, 2023 | sec.gov |
Updated March 23, 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.