Honor & Fire LLC has made an amendment to its previous filing regarding a private offering, as detailed in its recent SEC submission. This amendment is significant as it highlights the company's fundraising efforts and its ability to attract investors.

Background

Honor & Fire LLC is a limited liability company based in Ludington, Michigan. The company operates within the business services sector and has a revenue range between $1,000,001 and $5,000,000. The firm was incorporated in Michigan and has been in operation for over five years.

What the Filing Says

The filing states that the total offering amount is set at $1 million, of which $900,000 has already been sold, leaving a remaining balance of $100,000. The filing notes, "Rule 506(b) provides a 'safer harbor' for a private offering," indicating the legal framework under which the offering is being conducted.

Impact

This update may affect the nine non-accredited investors involved in the offering, as well as potential future investors considering participation in Honor & Fire LLC's fundraising initiatives. The company’s ability to raise significant funds demonstrates its appeal in the business services sector.

What's Next

The filing does not say what happens next.

Management

Joshua Latimer serves as the Chief Executive Officer of Honor & Fire LLC. His involvement in the company is critical as he oversees the strategic direction and operational management.

Offering Details

The amendment filing indicates that the offering is structured under Rule 506(b) of the SEC, which allows for a private offering to be made to an unlimited number of accredited investors and up to 35 non-accredited investors. The minimum investment accepted in this offering is set at $100,000.

Duration and Use of Proceeds

The offering is expected to last more than one year, providing ample time for potential investors to consider participation. However, the filing does not specify how the proceeds from the offering will be utilized by Honor & Fire LLC.

Previous Filings

This filing is an amendment, indicating that there was a previous submission (accession number 0002082741-26-000006) that has been updated to reflect the current status of the offering.

Investor Composition

Currently, there are nine non-accredited investors who have already invested in the offering, which may indicate a diverse investor base. The filing does not provide further details on the demographics or backgrounds of these investors.