Sovereign Kingdom LLC
View this filing on EDGAR (filing index, accession 0002150480-26-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Sovereign Kingdom LLC | (Form C, issuer information) |
|---|---|---|
| State | WY | (Form C, issuer information) |
| Platform | ICON CAPITAL GROUP, LLC | (Form C, issuer information) |
| Filing date | 2026-09-08 | (EDGAR filing index) |
| Date of incorporation | 2020-10-29 | (Form C, issuer information) |
| Employees | 0 | (Form C, issuer information) |
| Security offered | Other Class B LLC Membership Interests (each a "Class B Unit") | (Form C, offering information) |
| Price per security | $10 | (Form C, offering information) |
| Target amount | $15,000 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2027-09-07 | (Form C, offering information) |
| Platform compensation | ICON Capital Group, LLC will receive 2% of the aggregate gross proceeds raised in the Offering. ICON is also entitled to an addition 6% commission on amounts raised as a result of ICON's direct introductions and introductory efforts. | (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 | $0 | $0 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$398 | $0 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $85 | $41 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $85 | $41 | (Form C, financial summary) |
| Short-term debt | $0 | $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: 0002150480-26-000001.
"GOING CONCERN The Company lacks significant working capital and has only recently formed."
"GOING CONCERN The Company lacks significant working capital and has only recently formed."
- 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: 0002150480-26-000001.
"ents with related parties, including significant shareholders or entities under common control."
"Related Party Transactions The Company may engage in financing arrangements with related parties, including significant shareholders or entities under common control."
- 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.
- No revenue. Revenue for the most recent fiscal year is $0 in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
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: http://thesovereignkingdom.com
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