Kencko Foods

Real fruits and vegetables, faster | Sustainable, convenient, and delicious

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Security Type
Crowd SAFE
Min Investment
$150
Location
LEWES, DE
Offering Date
March 10, 2023
Expected Close Date
April 28, 2023
Target Raise
$25.00K-$1.24M
No. Investors
219
Security Price
$1
Website
kencko.com
Number of Employees
105
Cash
$2,583,395
Revenue
$23,847,240
Short Term Debt
$4,978,960
Cost of Goods
$19,496,810
Long Term Debt
$1,778,387
Net Income
$-9,932,624
Amount Raised : $123,023
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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