Latest Reported Offering
$20,000
Target Amount
$124,000
Maximum Amount
2023-06-06
Deadline
Security Details
Type: Debt
Price per share: $10.00
Price set by: This is a debt security and the yield at which the bonds pay interest is determined by the market rate yield range for similar SBA loans in the market as of March 2023. The yield is fixed and determined upfront at 9.00%.
Shares offered: 0+
Offering Costs
Cash commission: —
SMBX will be charging a capital raise fee of 4.50% (up to $5,580 based on the total amount raised)
Equity compensation: —
N/A
Filing history
Form C family — 2 filings| Filed | Form | File number | Portal | What it states | What the filer said |
|---|---|---|---|---|---|
| 2023-05-08 | C/A | 020-32036 | SMBX, SMBX LLC | $20K target, up to $124K · Debt at $10.00 · closes 2023-06-06 | Amendment for: a) reduction in Maximum Target Offering Amount to $124,000, b) reduction in Minimum Target Offering Amount to $20,000, c) reduction in Maturity to 36 months, or 06-2026 and d) changes to Use of Proceeds to adjust to new amount |
| 2023-03-23 | C | 020-32036 | SMBX, SMBX LLC | $100K target, up to $400K · Debt at $10.00 · closes 2023-06-06 | — |
The reported figures behind Spitz MN
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
Company Information
Latest Metrics
Employees20
Total Assets$415,515
Cash on Hand$232,622
Revenues$2,015,331
Net Income$221,123
Crowdfunding Portals
The intermediary named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.