Form C: Issuer Information

Issuer Information

Name of Issuer:

Springer Collections

Legal Status of Issuer:

Form:

Corporation

Jurisdiction of Incorporation/Organization:

MINNESOTA

Date of Incorporation/Organization:

11-03-2009

Physical Address of Issuer:

Address 1:

876 E 7TH STREET

City:

ST. PAUL

State/Country:

MINNESOTA

Mailing Zip/Postal Code:

55106

Website of Issuer:

www.springercollections.net

Intermediary through which the Offering will be Conducted:

CIK:

0001711770

Company Name:

Silicon Prairie Holdings Inc.

Commission File Number:

007-00123

CRD Number:

000289746

Form C: Offering Information

Offering Information

Amount of compensation to be paid to the intermediary, whether as a dollar amount or a percentage of the offering amount, or a good faith estimate if the exact amount is not available at the time of the filing, for conducting the offering, including the amount of referral and any other fees associated with the offering:

The intermediary will receive a fee equal to 5% of the total money raised in the offering, plus an onboarding fee of $2,500. The intermediary will also receive stock in the issuer equal to an additional 2% of total money raised in the offering.

Any other financial interest in the issuer held by the intermediary, or any arrangement for the intermediary to acquire such an interest:

Silicon Prairie Online may reinvest a portion of its fee in the securities being offered in this offering. If it subscribes in this offering, Silicon Prairie Online will have an ownership interest in the issuer.

Type of Security Offered:

Other

Specify:

Revenue Sharing Promissory Note (debt) Class B Preferred Stock (preferred stock)

Target Number of Securities to be Offered:

500

Price (or Method for Determining Price):

$1000.00 (minimum) or $2000.00 (maximum) per Revenue Sharing Promissory Note with fixed value. For $2,000.00 investments, Subscribers will also receive 200 shares of Class B Preferred Stock valued at $1.00 per share.

Target Offering Amount:

50000.00

Oversubscriptions Accepted:

Yes

Deadline to reach the Target Offering Amount:

12-03-2020

NOTE: If the sum of the investment commitments does not equal or exceed the target offering amount at the offering deadline, no securities will be sold in the offering, investment commitments will be cancelled and committed funds will be returned.

Form C: Annual Report Disclosure Requirements

Annual Report Disclosure Requirements

Current Number of Employees:

11.00

Total Assets Most Recent Fiscal Year-end:

115974.00

Total Assets Prior Fiscal Year-end:

202472.00

Cash and Cash Equivalents Most Recent Fiscal Year-end:

0.00

Cash and Cash Equivalents Prior Fiscal Year-end:

0.00

Accounts Receivable Most Recent Fiscal Year-end:

21707.00

Accounts Receivable Prior Fiscal Year-end:

16722.00

Short-term Debt Most Recent Fiscal Year-end:

450528.00

Short-term Debt Prior Fiscal Year-end:

144344.00

Long-term Debt Most Recent Fiscal Year-end:

0.00

Long-term Debt Prior Fiscal Year-end:

240618.00

Revenue/Sales Most Recent Fiscal Year-end:

1715094.00

Revenue/Sales Prior Fiscal Year-end:

1221892.00

Cost of Goods Sold Most Recent Fiscal Year-end:

0.00

Cost of Goods Sold Prior Fiscal Year-end:

0.00

Taxes Paid Most Recent Fiscal Year-end:

0.00

Taxes Paid Prior Fiscal Year-end:

0.00

Net Income Most Recent Fiscal Year-end:

-337463.00

Net Income Prior Fiscal Year-end:

-185399.00