Tallgrass Pictures LLC
Regulation Crowdfunding offering on Republic · Form C filed November 2, 2026 · San Diego, California
Tallgrass Pictures LLC, doing business as IZOLA, operates a San Diego bakery and hospitality business focused on croissants, sourdough and related food and beverage items. It runs one operating bakery, has leased a second site, and is developing a centralized production facility; the filing describes it as an expansion-stage company.
Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.
Offering terms
- Security
- Membership Units
- Maximum
- $5,000,000.00
- Price
- $2.10 per unit
- Pricing method
- Arbitrary
- Deadline
- October 31, 2027
- Oversubscriptions
- Accepted, first-come, first-served basis
- Intermediary
- OpenDeal Portal LLC
Funding portal, SEC file 007-00167 - Intermediary fee
- At the conclusion of the Offering, the Issuer shall pay the Intermediary a cumulative cash fee from gross proceeds as follows: 0% up to $100,000; 3.4% from $100,001 through $1,500,000; 2.5% from $1,500,001 through $3,000,000; and 2.0% above $3,000,000.
- Intermediary equity
- At final Closing, Republic receives 1% of total cash-investor Units as dilutive compensation, rounded to the nearest whole Unit and split proportionally by tier based on volume.
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $3,085,824 | $1,399,675 |
| Cost of goods sold | $644,807 | $369,234 |
| Net income (loss) | $272,687 | -$594,541 |
| Total assets | $5,248,707 | $4,933,173 |
| Cash and equivalents | $306,419 | $268,552 |
| Accounts receivable | $0 | $0 |
| Short-term debt | $462,229 | $516,312 |
| Long-term debt | $2,891,202 | $3,146,549 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 40 employees. Offered in 52 states.
Use of proceeds
At the $5,000,000 maximum, the largest allocations are $1,386,754 to IZOLA Main development and $980,747 to working capital, with the balance spread across restaurant development, equipment, debt repayment, team building, reserves, product development and intermediary fees.
Valuation
Pre-money valuation not stated; the filing says the price was determined arbitrarily. No valuation cap, discount or interest rate applies. Pricing is $2.10 per Unit for the first $250,000, $2.20 for $250,000 to $500,000, and $2.30 above $500,000.
Prior raises
Not stated in the text read. The filing says the issuer has conducted prior securities offerings and refers to Section 8.6, which was not reached.
Financial statements
Described as audited (2025 audited financial statements). The auditing firm is not named in the text read.