Consumer Staples

K POP Foods, Inc.

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, K POP Foods, Inc. is a Corporation organized in DE on 02-21-2017. They report having 2.00 employees, and revenue in their most recent fiscal year of $52,680 and $0 the prior year.

Description:
KPOP Foods is the new brand helping Americans discover and enjoy Korean food and flavors. The LA startup creates delicious food products such as a versatile gochujang sauce and an organic, roasted seaweed snack that invite today’s generations to easily...
Website:
https://www.kpopfoods.com
Location:
10620 EASTBORNE AVE, #302
LOS ANGELES, CA 90024

Equity Crowdfunding Campaigns

K POP Foods, Inc. does not currently have any active Reg CF crowdfunding campaigns.

Previous Crowdfunding Offering
Wednesday, September 5, 2018

K POP Foods, Inc. previously ran a Reg CF crowdfunding campaign to raise a target of $25,000 via SeedInvest before a deadline of 08-31-2018. They filed this progress report at the end of the offering: "The issuer raised approximately $134,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined."

Intermediary compensation

According to the SEC filings, SeedInvest was compensated as follows for this offering:

"7.5% of the amount raised"

In addition to any direct compensation, K POP Foods, Inc. reports that SeedInvest also received the following financial interest in the offering:

"SI Securities will receive equity compensation equal to 5% of the number of securities sold."

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $52,680 $0 N/A
Cost of Goods Sold $41,506 $0 N/A
Taxes Paid $0 $0 N/A
Net Income -$72,106 $0 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $63,870 $0 N/A
Cash & Cash Equivalents $15,280 $0 N/A
Accounts Receivable $0 $0 N/A
Short-Term Debt $8,057 $0 N/A
Long-Term Debt $127,819 $0 N/A

Complete Reg CF filing activity feed

  • Update Form C-U

    [ Sep-5 ] K POP Foods, Inc. filed a progress report (Form C-U) with the following update:

    "The issuer raised approximately $134,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined."
  • Update Form C/A

    [ Jul-5 ] K POP Foods, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000 (up to a maximum of $500,000) of Debt via SeedInvest before a deadline of 08-31-2018. The nature of the amendment was described as follows:

    "Adding an Exhibit E (Video Transcripts) to reflect the addition of videos to the profile."
  • New Offering Form C

    [ Jul-5 ] K POP Foods, Inc. filed SEC Form C to raise a target amount of $25,000 (up to a maximum of $500,000) of Debt via SeedInvest before a deadline of 08-31-2018.

    Description:

    "KPOP Foods is the new brand helping Americans discover and enjoy Korean food and flavors. The LA startup creates delicious food products such as a versatile gochujang sauce and an organic, roasted seaweed snack that invite today’s generations to easily..."