United States Securities and Exchange Commission · EDGAR Accession 0001778032-25-000005

Form C-U

Offering Progress Update — Regulation Crowdfunding
Campaign file 020-35236
Issuer CIK 1778032
Raising via Twin City Island Spirits, Inc.

Twin City Island Spirits, Inc.

CorporationVIIncorporated 2018Christiansted, VImutinyislandvodka.com
Progress updateAt the close of the offering, the issuer closed on $664,070.68 and 144,430 number of securities.
A

The Offering

as disclosed in this filing
Common Stock
$5.10
$14,999
$3,927,056
March 4, 2025
Expired 467 days ago
$0max $3,927,056

Target is 0% of the maximum. Over-subscriptions accepted.

B

Financial Condition

two fiscal years, as filed
Revenue +24% YoYBurn decreasingDebt / assets 116%23 employees
Line itemMost recent FYPrior FYΔ
Revenue1,447,4741,163,398▲ 24%
Cost of goods sold631,380511,163▲ 24%
Net income(1,248,554)(1,261,279)▲ burn
Total assets3,511,5233,019,148▲ 16%
Cash & equivalents979,922322,365▲ 204%
Accounts receivable194,444169,608▲ 15%
Short-term debt392,785276,831▲ 42%
Long-term debt3,665,4733,749,502▼ 2%
Taxes paid00

Figures in USD as reported by the issuer. Securities offered in all 50 states.

C

Campaign Timeline

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