Franny's Distribution Inc.
Raised
$4M
Target
$428K
Deadline
Dec 2019
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AltStreet Analysis
·Generated from EDGAR primary sources
Franny's Distribution Inc., a North Carolina corporation formed in October 2018 and operating under the Franny's Farmacy brand, is offering Non-Voting Shares at $8 each via a Form C/A, targeting $10,000 with a $428,000 maximum and a 2019-12-03 deadline through StartEngine Capital, LLC. The issuer reports unaudited financials showing zero revenue, a small net loss of $1,375, and only $7,000 in total assets ($6,000 cash), a thin balance sheet that contrasts with its reported headcount of 14 employees.
This is a small, retail-facing Regulation Crowdfunding raise typical of the alternative investment space, where portal-intermediated offerings under $1M are common and financial disclosures are unaudited by design at this size.
Data Flags
EDGAR Filing Data
Form C — Primary Source
View on SEC.govFilings on Record
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Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
2
funded
Investor
- 2 offering timelines: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Jeff Tacy
CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.