Krakens Cup Co.

CIK: 2049492TNIncorporated: 2018-12-10

Current Offering

$65,000
Target Amount
$85,000
Maximum Amount
2025-02-10
Deadline

Security Details

Type: Debt
Price per share: $1.00
Shares offered: 0+

Offering Costs

Cash commission: 8%
Applied at marginal rate based upon amount of total offering: up to $50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Equity compensation: 0%
None

Financial Reports

Offering via Honeycomb

Offering History

As of 2024-12-26
Raising $65,000 -$85,000 via 0+ shares of debt at $1.00 per share
Deadline: 2025-02-10
As of 2025-02-07
Raising $25,000 -$85,000 via 0+ shares of debt at $1.00 per share
Deadline: 2025-02-18
Filing date2024-12-26
Current employees12
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$1,422
Cash equi prior fiscal year$3,084
Cost goods sold most recent fiscal year$5,522
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$86,130
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$204,859.00
Net income prior fiscal year-$20,809.00
Revenue most recent fiscal year$9,668
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$108,398
Short term debt prior fiscal year$12,571
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$1,422
Total asset prior fiscal year$3,084

Company Information

Corporation
TN
2018-12-10

Latest Metrics

Employees12
Total Assets$1,422
Cash on Hand$1,422
Revenues$9,668
Net Income-$204,859.00

Crowdfunding Portals

This company is raising funds through this portal