Jenna’s Asian Kitchen is seeking to raise $75,000 on NextSeed. All of the proceeds will be used for the planning, construction and stocking of a full bar inside the existing restaurant, along with related short-term working capital. The bar will serve the fast-growing population of Northwest Austin, which currently lacks quality bar venues.
JAK Restaurant, LLC
Type of Offering
Texas Intrastate Crowdfunding
NextSeed TX LLC
|Min Individual Investment|
|Type of Securities|
|Security Interest||The Issuer will grant a security interest in all of its assets in favor of NextSeed for the benefit of the investors to secure the Issuer’s obligations under the Securities.|
|Ownership % Represented by Securities|
0% Investors will not receive any equity interests in the Issuer or any voting or management rights with respect to the Issuer as a result of an investment in Securities.
* Payment for any given month (including the total payment at the end of the final month) indicates the cumulative amount contractually required to be paid to an investor after the end of that month, assuming the loan is not prepaid. This calculation is a mathematical illustration only and may not reflect actual performance. It does not take into account NextSeed fees of 1% on each payment made to investors. Payment is not guaranteed or insured and investors may lose some or all of the principal invested if the Issuer cannot make its payments.