---
title: "Trails End Spirits LLC SEC filings"
url: https://altstreet.investments/edgar/2028406
kind: edgar-entity
updated: 2026-09-18
publisher: AltStreet (https://altstreet.investments)
license: Public factual pages may be read, quoted and cited with attribution and a link. Bulk redistribution is not permitted.
---

# Trails End Spirits LLC: SEC filings and what they report

Trails End Spirits LLC (operating as Trail Distilling), an Oregon distillery formed in 2014 with 12 employees, is offering $10 debt notes via SMBX with a $10K target and $124K maximum, deadline 2024-08-20. Unaudited FY financials show $480K revenue but a $84,652 net loss, $1.2M total assets, only $6K cash on hand, and $725K in long-term debt — an established operating company with thin liquidity and meaningful pre-existing leverage rather than a pre-revenue project SPV.

| Field | Value |
| --- | --- |
| Entity | Trails End Spirits LLC |
| CIK | 2028406 |
| Filing family | Regulation CF (4(a)(6)) |
| Entity type | platform company |
| Manager (as filed) | Trail Distilling |
| Newest fact-bearing filing | July 5, 2024, accession 0002028406-24-000001 |
| Total sold (as reported) | $0 |
| Vintage | 2024 |

## Related persons (Form D Item 3)

| Name | Relationship |
| --- | --- |
| Jerry Brennan | Managing Member |


## Filings (1 on record, newest first)

| Date | Form | Family | SEC link |
| --- | --- | --- | --- |
| July 5, 2024 | C | Form C | https://www.sec.gov/Archives/edgar/data/2028406/000202840624000001/ |


## More

- Entity page (HTML, with events, parties and the platform record): https://altstreet.investments/edgar/2028406
- SEC EDGAR filing index: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0002028406&owner=include&count=40
- Signal history, evidence passages and the entity graph are AltStreet Terminal features: https://altstreet.investments/terminal

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Source page: https://altstreet.investments/edgar/2028406
Machine index: https://altstreet.investments/llms.txt
AltStreet reads what platforms, funds and issuers file with the SEC and what they tell investors, and publishes the difference. Figures are as filed or as captured on the date stated; nothing here is investment advice.