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Crowdfunding

Franklin 107 East Park, LLC

Deadline passed 2023-02-14

Limited Liability Company · South Carolina · Incorporated 2022-10-21

  • CIK 1954565
  • File 020-31341
  • State SC
Target Amount
$725,000
minimum to close
Maximum Amount
$1,235,000
ceiling, with over-subscription
Deadline
2023-02-14
as the latest Form C set it

Connected

named in its Form C filings
Funding portalVicinity Capital; VicinityFiling · 2026-03-11Form C 020-31341Financials · dashboardReported figures by fiscal year
Franklin 107 East Park, LLCCIK 1954565

The intermediary named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.

Latest Reported Offering

The terms on the latest Form C

Security Details

Type
Other
Price per share
$1.00
Shares offered
725,000+

Offering Costs

Cash commission
—
The Company shall pay to Vicinity at each closing of the offering a fee consisting of a 4% commission based on the dollar amount received from US investors in the Offering for all payments received.
Equity compensation
—
Company shall pay to Vicinity a fee consisting of 2% in the form of shares offered to the public based on the dollar amount received from US investors in the Offering for all payments received.

Campaign timeline

target amount · by first filed
2022-11-18 · $725,000
  1. 2022-11-18$725,000020-31341

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($725,000)

Filing history

Form C family — 6 filings
FiledFormFile numberPortalWhat it statesWhat the filer said
C-AR020-31341Vicinity Capital; VicinityRevenue $19.6K · net income -$121K · 0 employees—
C-U020-31341Vicinity Capital; Vicinity$725K target, up to $1.2M · Membership Units at $1.00 · closes 2023-02-14The deal successfully closed on 2/17/2023 having successfully raised $905,643.00 from committed investments by the deadline, according to the final accounting.
C-AR020-31341Vicinity Capital; VicinityRevenue $0.4K · net income -$118K · 0 employees—
C-AR020-31341Vicinity Capital; VicinityRevenue $0 · net income $0 · 0 employees—
C/A020-31341Vicinity Capital; Vicinity$725K target, up to $1.2M · Membership Units at $1.00 · closes 2023-02-14Extending the offering deadline.
C020-31341Vicinity Capital; Vicinity$725K target, up to $1.2M · Membership Units at $1.00 · closes 2023-01-31—

Company Information

Legal Status
Limited Liability Company
Jurisdiction
South Carolina
Date of Incorporation
2022-10-21
Website
https://www.franklinredev.corn/

Latest Metrics

Most recent fiscal year, as the latest filing reports it

Employees
0
Total Assets
$2,405,869
Cash on Hand
$2,651
Revenues
$19,560
Net Income
-$120,878

Form C prints a most-recent and a prior fiscal year side by side but never names them. The dashboard chains every filing into those years and plots them. EDGAR still has each Form C-AR; the dashboard lays every year they filed next to it.

  • Reported financials chained into fiscal years — revenue, income, assets, cash — not one filing at a time
  • A sparkline on each figure so the shape is visible before the numbers
  • A revenue series dated to the filings that reported it
  • The campaign as filed: target, ceiling, deadline, and the portal that ran it
  • Follow it, and see it change on your watchlist

Part of the Crowdfunding plan — $40/mo at launch pricing ($100 list)

See plans

View all SEC filings ↗