KOTA Longboards, LLC

KOTA Longboards, LLC logo via Clearbit

Profile

According to their SEC filings, KOTA Longboards, LLC is a Limited Liability Company organized in CO on 05-17-2012. They report having 4 employee(s), and revenue in their most-recent fiscal year of $199,314.00 and $154,644.00 the prior year.

Location

1400 SOUTH LIPAN STREET

DENVER, CO 80223

Equity Crowdfunding Campaigns

Reg CF Offering from KOTA Longboards, LLC (Previous)

Campaign Details

According to their SEC filings, KOTA Longboards, LLC previously ran a Regulation Crowdfunding campaign to raise $10,000.00 (up to a maximum of $106,998.40) in Non-Voting Membership Units via StartEngine before a deadline of 11-01-2018.

As compensation for managing the offering, StartEngine reported being compensated as follows:

6 percent

In addition to any direct compensation, KOTA Longboards, LLC reported that StartEngine would also receive the following financial interest in the offering:

N/A

KOTA Longboards, LLC filed the following progress report with the SEC at the end of their campaign:

At the close of the offering, the issuer closed on $16,102.4 and 5,072 number of securities.

Reg CF Offering from KOTA Longboards, LLC (Previous)

Campaign Details

According to their SEC filings, KOTA Longboards, LLC previously ran a Regulation Crowdfunding campaign to raise $90,000.00 (up to a maximum of $1,070,000.00) in SAFE via Wefunder before a deadline of 09-28-2018.

As compensation for managing the offering, Wefunder reported being compensated as follows:

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.

In addition to any direct compensation, KOTA Longboards, LLC reported that Wefunder would also receive the following financial interest in the offering:

Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $199,314.00 $154,644.00
Cost of Goods Sold $235,253.00 $253,403.00
Taxes Paid $0.00 $0.00
Net Income $-263,552.00 $-359,170.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $1,014.00 $26,011.00
Accounts Receivable $1,525.00 $828.00
Short-term Debt $97,581.00 $94,393.00
Long-term Debt $68,358.00 $29,097.00

Complete Reg CF filings list for KOTA Longboards, LLC

  • [2018-11-06T13:01:40+00:00] KOTA Longboards, LLC filed a fundraising progress report (Form C-U) with the following update: ""

    File number: 020-24559

  • New Filing Form C

    [2018-08-03T19:23:10+00:00] KOTA Longboards, LLC filed a Form C to raise a target amount of $10,000.00 (up to a maximum of $106,998.40) of Non-Voting Membership Units via StartEngine.

    File number: 020-24559

  • [2018-08-03T18:12:21+00:00] KOTA Longboards, LLC filed a Form C-W.

    File number: 020-24139

  • New Filing Form C

    [2018-03-30T20:58:31+00:00] KOTA Longboards, LLC filed a Form C to raise a target amount of $90,000.00 (up to a maximum of $1,070,000.00) of Non-Voting Membership Units via Wefunder.

    File number: 020-24139