Soho Managing Company
View this filing on EDGAR (filing index, accession 0001670254-25-000800) | All Form C filings by this company on EDGAR
Filing details
| Company | Soho Managing Company | (Form C, issuer information) |
|---|---|---|
| State | NY | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2025-09-03 | (EDGAR filing index) |
| Date of incorporation | 2018-08-14 | (Form C, issuer information) |
| Employees | 35 | (Form C, issuer information) |
| Security offered | Other Simple Agreement for Future Equity (SAFE) | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $1,000,000 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | 6.9% 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. | (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 | $20,447,625 | $27,448,317 | (Form C, financial summary) |
| Cost of goods sold | $12,822,809 | $15,846,661 | (Form C, financial summary) |
| Net income | -$408,262 | -$3,201,707 | (Form C, financial summary) |
| Taxes paid | $8,000 | $116,000 | (Form C, financial summary) |
| Cash and equivalents | $141,109 | $364,280 | (Form C, financial summary) |
| Accounts receivable | $424,125 | $220,564 | (Form C, financial summary) |
| Total assets | $691,822 | $661,134 | (Form C, financial summary) |
| Short-term debt | $5,728,427 | $2,821,026 | (Form C, financial summary) |
| Long-term debt | $0 | $2,469,451 | (Form C, financial summary) |
Mechanical checks that fired
- 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.
- Debt above assets. Short-term plus long-term debt is larger than total assets 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.
Want the weekly briefing? Subscribe free.