Legally Addictive Foods
- Raising on Vicinity Ventures
- Convertible
- United States
The raise in figures
Target
US$100,000
- Time left
- 43 days
Last updated
↳ Vicinity Ventures · checked 4 min ago
About this raise
Legally Addictive Foods is raising money on Vicinity Ventures. It is a company based in the United States. The round is for a convertible security, made under Regulation Crowdfunding (Reg CF).
Legally Addictive Foods set a target of $100,000 and a maximum of $1M.
It runs from to , a run of 106 days.
Reg CF lets a US company raise from the general public, not only accredited investors, through an SEC-registered funding portal or broker-dealer. Under Reg CF, how much a non-accredited investor can put in over 12 months depends on their income and net worth. Convertible securities convert into shares at a later date, usually when the company next raises a priced round. These figures are Vicinity Ventures’ own, as Raise Sonar last read them on .
Live Extended
Closes in 43 days
Day 64/106
Close date moved from Wed 28 Oct to Thu 17 Dec.
Launched Wed 2 Sep2 Sep Day 64 of 106 Closes Thu 17 Dec17 Dec
- Next alerts: 7 days (Thu 10 Dec), 72 hours (Mon 14 Dec) and 24 hours (Wed 16 Dec) before close
Funding history
No amount raised has been reported for Legally Addictive Foods yet, so there’s no history to draw.
About Legally Addictive Foods
Summarised by Raise Sonar from Legally Addictive Foods’s Vicinity Ventures pitch
Legally Addictive Foods is a North Carolina-made sweet and salty snack brand selling cookies in six core flavors. The company reports placement across 2,000+ national retailers and hospitality partners, plus direct-to-consumer sales. It manufactures its products itself in leased facilities in North Carolina. This convertible note round has a $1.0M raise goal and a $12M post-money valuation cap.
Read the full pitch on Vicinity Ventures (opens in a new tab)More like this
Your close reminders
Closes Thu 17 Dec
- Next: 7 days Thu 10 Dec
- 72-hour alert Mon 14 Dec
- 24-hour alert Wed 16 Dec
- Close Thu 17
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