Dothan FC, LLC
View this filing on EDGAR (filing index, accession 0001821982-26-000025) | All Form C filings by this company on EDGAR
Filing details
| Company | Dothan FC, LLC | (Form C, issuer information) |
|---|---|---|
| State | AL | (Form C, issuer information) |
| Platform | Vicinity LLC | (Form C, issuer information) |
| Filing date | 2026-08-10 | (EDGAR filing index) |
| Date of incorporation | 2023-12-20 | (Form C, issuer information) |
| Employees | 10 | (Form C, issuer information) |
| Security offered | Other Non-Voting Preferred Units | (Form C, offering information) |
| Price per security | $10 | (Form C, offering information) |
| Target amount | $150,000 | (Form C, offering information) |
| Maximum ask | $1,000,000 | (Form C, offering information) |
| Offering deadline | 2026-08-31 | (Form C, offering information) |
| Platform compensation | Commission equalling 6% of the total amount raised payable at each closing. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $409,482 | $313,190 | (Form C, financial summary) |
| Cost of goods sold | $335,004 | $308,853 | (Form C, financial summary) |
| Net income | -$168,591 | -$332,657 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $17,871 | $4,528 | (Form C, financial summary) |
| Accounts receivable | $1,800 | $7,800 | (Form C, financial summary) |
| Total assets | $53,320 | $65,065 | (Form C, financial summary) |
| Short-term debt | $5,677 | $0 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001821982-26-000025, 0001821982-26-000027, 0001821982-26-000030, 0001821982-26-000036.
"The Company's independent accountant has expressed substantial doubt about the Company's ability to continue as a going concern."
"The Company's independent accountant has expressed substantial doubt about the Company's ability to continue as a going concern."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001821982-26-000025, 0001821982-26-000027, 0001821982-26-000030, 0001821982-26-000036.
"The Company may engage in related party transactions on terms Investors cannot separately approve."
"The Company may engage in related party transactions on terms Investors cannot separately approve."
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://www.dothanunitedsoccer.com/
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