# EDGAR Filing Document

**Accession Number:** 0001948396
**File Stem:** 0001746059-23-000070
**Filing Date:** 2023-3
**Character Count:** 29738
**Document Hash:** c323cdf67706099c7b51b1959d2f32db
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001746059-23-000070.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001746059-23-000070

**CONFORMED SUBMISSION TYPE**: C/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230323

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dabrie Holdings, LLC
- **CENTRAL INDEX KEY:** 0001948396
- **IRS NUMBER:** 883441066
- **STATE OF INCORPORATION:** RI

**FILING VALUES:**
- **FORM TYPE:** C/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-31272
- **FILM NUMBER:** 23757246

**BUSINESS ADDRESS:**
- **STREET 1:** 106 BLACKSTONE BLVD
- **CITY:** PROVIDENCE
- **STATE:** RI
- **ZIP:** 02906
- **BUSINESS PHONE:** (480) 757-5575

**MAIL ADDRESS:**
- **STREET 1:** 106 BLACKSTONE BLVD
- **CITY:** PROVIDENCE
- **STATE:** RI
- **ZIP:** 02906

### Attached PDF Documents

**Attachment 1:** `ripickleball_offmoca3.pdf`

![img-0.jpeg](img-0.jpeg)

## OFFERING MEMORANDUM

facilitated by

![img-1.jpeg](img-1.jpeg)

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# Dabrie Holdings, LLC

## FORM C

### OFFERING MEMORANDUM

#### Purpose of This Form

A company that wants to raise money using Regulation Crowdfunding must give certain information to prospective investors, so investors will have a basis for making an informed decision. The Securities and Exchange Commission, or SEC, has issued regulations at 17 CFR §227.201 listing the information companies must provide. This form - Form C - is the form used to provide that information.

Each heading below corresponds to a section of the SEC's regulations under 17 CFR §227.201.

#### (A) The Company

| Name of Company | Dabrie Holdings, LLC |
| --- | --- |
| State of Organization | RI |
| Date of Formation | 03/21/2022 |
| Entity Type | Limited Liability Company |
| Street Address | 106 Blackstone Blvd, Providence RI, 02906 |
| Website Address | https://facebook.com/Rhode-Island-Pickleball-103022742383481 |

#### (B) Directors and Officers of the Company

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| Key Person | Russel Johnson |
| --- | --- |
| Position with the Company | Title First Year Co-Owner 2022 |
| Other business experience (last three years) | Owner of Ocean State Golf Academy Dec 2019 - Present Using technology along with many years of instruction experience to offer a very different and information driven learning experience. Lead Golf Instructor - Pinewood Country Club Apr 2018 - Dec 2019 Implementing, conducting and executing weekly, monthly and season-long lesson sessions for men, ladies & junior players. As an owner of current technology, incorporation into daily lesson education making golf learning simple. |

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| Key Person | Debra Cohen |
| --- | --- |
| Position with the Company | Title First Year Co-Owner 2022 |
| Other business experience (last three years) | Senior Transfer Advisor (the University of Rhode Island, 2019 - 2022 ) ■ Made recommendations regarding course admissibility Maintained online transfer credit database Posted credit substitutions & waivers as approved by the college academic departments Conducted intake interviews to provide student advisement and career options Assisted students with course selection and registration Presented high school presentations Evaluated credentials submitted by new applicants and transfer students Oversees the Joint Admissions Agreement and CCRI Intent to Enroll options Teach and advised all Performance Based Assessment incoming, students |

# (C) Each Person Who Owns 20% or More of the Voting Power

| Name of Holder | % of Voting Power (Prior to Offering) |
| --- | --- |
| Russel Johnson | 50% |
| Debra Cohen | 50% |

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# (D) The Company's Business and Business Plan

# Our Mission

Grow the game of pickleball for all ages, levels and, abilities creating an environment that promotes health, social interaction, good sportsmanship, and fun.

- Pickleball Represents a Sizeable Growth Opportunity: In 2021, "Pickleball" was one of the hottest trends in the U.S. It continues to be the fastest growing sport in the nation, with a 168% year over year increase in media exposure in 2021.
- Favorable Market Dynamics: Current Pickleball offerings in the New England area do not adequately address the needs of new or seasoned Pickleball players, as they look for year-round accessibility to courts and coaching services, with little to no wait times to step on a court.

# Target Market

Our Initial Target Market - Adults 18-54 Why This Group? Adults 18-54 are the fastest growing demographic in pickleball.*

- This age group represents 57% of the population within a 40-mile radius of our facility (Kent, Newport, Providence Counties in RI; Bristol County, MA).

# The Competition

There is only one dedicated pickleball facility within 50 minutes of Red Rock Plaza, North Attleboro

- Kingsbury Club - Medfield, MA. - 35 minutes away
- Attleboro YMCA - Attleboro, MA - 12 minutes away - Limited times
- ForeKicks Norfolk - 20 min away - 1 court 9 am - 11 am daily

# The Team

# Russel Johnson, Co-owner

Russel Johnson is the owner and Lead Instructor of the Ocean State Golf Academy. Upon traveling around the country and working in three of the five largest golf meccas, he amassed experience on the lesson tee and in the golf shop. Embracing the modern way of golf instruction, he returned home to Rhode Island after 19 years away and created the Ocean State Golf Academy.

In November 2019, the academy launched a technology-centric approach to instruction. He introduced never seen before-learning components such as Robo Golf Pro (an automated golf swing trainer only 30 in the world), and Sportsbox AI (golf swing videos transformed into an avatar or skeletal form), among other performance stations that include golf swing video observation.

As a knowledgeable golf instructor, Russel has adapted to all modern technologies throughout his career while infusing some old-world teaching methods that his mentors shared. Communication is his greatest asset, as he has developed his instruction style. In the five states Russel has taught, his mentors have influenced his growth as an instructor and mentor to younger professionals and tour-caliber players.

He is a current Callaway Golf staff player and stays in tune with all the current performance

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trends of the product line. Both make for a good mix of instruction and club fitting. He is currently enrolled in the PGA of America PGA Apprentice program, gaining better business & communication skills for golf instruction while joining the country's largest governing body of golf professionals.

When he is not instructing, Pickleball has become a true passion.

Dr. Debra Cohen, Co-owner

Dr. Debra Cohen is co-owner of Rhode Island Pickle ball. Dr. Cohen has her doctorate in Educational Leadership. She has extensive experience in athletic affairs in higher education. In her previous roles in higher education, she was responsible for student athlete orientation. she provided student athletes with the necessary tools to help them become successful college student athletes.

Deb has also been the Dean of Academic Advising at a local community college as well as published an article on her dissertation topic of Electronic Portfolio's. She is a very active member in the Rhode Island community having held the position of President of Rhode Island Women in Higher education for over 10 years.

A Connecticut native, Deb completed her undergraduate and graduate degree at URI and her doctorate at Johnson & Wales University. She brings a wealth of knowledge being an athlete, as a former tennis player and avid runner. She has run 4 marathons, over 20 half marathons and more 5k's than she can count. She owns a French bulldog who has her wrapped around her pinky (paw).

She fell in love with the game of pickleball and much like her other endeavors decided to take it to the next level in co-founding Rhode Island Pickleball.

For more information, please refer to the Page View included with this filing.

#### (E) Number of Employees

The Company currently has 1 employees. The Company may hire or discharge employees in the future to meet its objectives.

#### (F) Risks of Investing

A crowdfunding investment involves risk. **YOU SHOULD NOT INVEST ANY FUNDS IN THIS OFFERING UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT.** In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Please review the Educational Materials for risks that are common to many of the companies on the MainVest platform.

THESE SECURITIES ARE OFFERED UNDER AN EXEMPTION FROM REGISTRATION UNDER FEDERAL LAW. THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE 'SEC') HAS NOT MADE AN INDEPENDENT DETERMINATION THAT THESE SECURITIES ARE EXEMPT FROM REGISTRATION. THE SEC HAS NOT PASSED UPON THE MERITS OF THE SECURITIES OR THE TERMS OF THE OFFERING, AND HAS NOT PASSED UPON THE ACCURACY OR COMPLETENESS OF THE OFFERING DOCUMENTS OR LITERATURE.

THESE SECURITIES HAVE NOT BEEN RECOMMENDED OR APPROVED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THESE AUTHORITIES HAVE NOT PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DOCUMENT.

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Please refer to Appendix A for additional risks to consider when investing in this offering.

# **(G) Target Offering Amount and Offering Deadline**

| Target Offering Amount | $75,000 |
| --- | --- |
| Offering Deadline | April 24, 2023 |

If the sum of the investment commitments does not equal or exceed the Target Offering Amount as of the Offering Deadline, no securities will be sold in the offering, investment commitments will be canceled, and all committed funds will be returned. The Company may extend the Offering Deadline and shall treat such an extension as a material change to the original offer and provide Investors with notice and opportunity to reconfirm their investment in accordance with Section (K) of this Memorandum.

# **(H) Commitments that Exceed the Target Offering Amount**

| Will the Company accept commitments that exceed the Target Offering Amount? | Yes |
| --- | --- |
| What is the maximum you will accept in this Offering? | $124,000 |
| If Yes, how will the Company deal with the oversubscriptions? | We will accept subscriptions on a first-come, first-served basis. |

# **(I) How the Company Intends to Use the Money Raised in the Offering**

The Company is reasonably sure it will use the money raised in the offering as follows:

| Use | Amount (Minimum) | Amount (Maximum) |
| --- | --- | --- |
| 10 Courts only build-out flooring | $60,000 | $60,000 |
| Court Netting w/ posts | $4,000 | $26,380 |
| Coolers - | $0 | $4,000 |
| Interior upgrades | $5,937 | $25,250 |
| Mainvest Compensation | $5,063 | $8,370 |
| TOTAL | $75,000 | $124,000 |

The amounts listed estimates and are not intended to be exact description of the Company's expenditures. Exact allocation and use of funds may vary based upon legitimate business expenditures and economic factors.

# **(J) The Investment Process**

To Invest

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- Review this Form C and the Campaign Page
- If you decide to invest, enter an amount and press the Invest button
- Follow the instructions

# TO CANCEL YOUR INVESTMENT

Send an email to info@mainvest.com no later than 48 hours before the Offering Deadline or go to the dashboard for your user account to cancel manually. In your email, include your name and the name of the Company.

# Other Information on the Investment Process

- Investors may cancel an investment commitment until 48 hours prior to the Offering Deadline.
- MainVest will notify investors when and if the Target Offering Amount has been raised.
- If the Company reaches the Target Offering Amount before the Offering Deadline, it may close the offering early if it provides notice about the new Offering Deadline at least five business days before such new Offering Deadline, absent a material change that would require an extension of the offering and reconfirmation of the investment commitment.
- If an investor does not cancel an investment commitment before the 48-hour period before the Offering Deadline, the funds will be released to the Company upon closing of the offering and the investor will receive securities in exchange for his or her investment.

For additional information about the investment and cancellation process, see the Educational Materials.

# (K) Material Changes

In the event the issuer undergoes a material change, the Investor will be notified of such change. The investor will have five (5) business days from the receipt of such notice to reconfirm their investment. IF AN INVESTOR DOES NOT RECONFIRM HIS OR HER INVESTMENT COMMITMENT WITHIN FIVE (5) DAYS OF THE NOTICE OF MATERIAL CHANGE BEING SENT, THE INVESTOR'S INVESTMENT COMMITMENT WILL BE CANCELLED, THE COMMITTED FUNDS WILL BE RETURNED, AND THE INVESTOR WILL NOT BE ISSUED ANY OF THE SECURITIES REFERENCED IN THIS OFFERING.

# Explanation

A “material change” means a change that an average, careful investor would want to know about before making an investment decision. If a material change occurs after you make an investment commitment but before the Offering closes, then the Company will notify you and ask whether you want to invest anyway. If you do not affirmatively choose to invest, then your commitment will be cancelled, your funds will be returned to you, and you will not receive any securities.

# (L) Price of the Securities

The Company is offering “securities” in the form of revenue sharing notes, which we refer to as “Notes.” The Notes are being offered at their face amount. For example, you will pay $1,000 for a Note with a face amount of $1,000.

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## (M) Terms of the Securities

### Overview

The Company is offering “securities” in the form of revenue sharing notes, which we refer to as the “Notes.” The Terms of the Notes are set forth in the Revenue Share Agreement accompanying this Form C in Appendix A. Copies of the Note and Revenue Sharing Agreement are attached to this Form C.

### Summary of Terms

| Revenue Percentage 1 | 0.7 - 1.2% 2 |
| --- | --- |
| Payment Deadline | 2028-03-31 |
| Maximum Payment Multiple 3 - Early Investors - All Other Investors | 1.6 x 1.4 x |
| Sharing Start Date | The first day after disbursement that the company has revenues greater than one ($1) dollar |
| First Payment Date | The last day of the calendar quarter ending not less than 90 days after the Sharing Start Date |
| Seniority | Subordinated |
| Securitization | Unsecured |
| Accrual Rate | 3.91% |

$^{1}$ as defined in the note agreement included in Appendix A

$^{2}$ The rate of revenue sharing is calculated on a linear scale with a minimum rate of 0.7% and a maximum rate of 1.2% and is rounded to the nearest 1/10th percent. The final rate is based on the amount raised and is calculated after the offering has successfully closed. As the amount raised in the offering increases, the rate of revenue sharing increases. For example, a hypothetical offering could result in the following revenue sharing percentages, depending on the amount raised:

| Amount Raised | Revenue Sharing Percentage |
| --- | --- |
| $75,000 | 0.7% |
| $87,250 | 0.8% |
| $99,500 | 0.9% |
| $111,750 | 1.1% |
| $124,000 | 1.2% |

$^{3}$ To reward early participation, the investors who contribute the first $50,000.0 raised in the offering will receive a 1.6x cap. Investors who contribute after $50,000.0 has been raised in the offering will receive a 1.4x cap.

### Your Right to Payments under the Note

Your right to payments under the Note is set forth in the Note, together with a separate document

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called the Revenue Sharing Agreement. Copies of the Note and Revenue Sharing Agreement are attached to this Form C. Additionally, general terms are outlined below and in the Company's offering page.

# Obligation to Contribute Capital

Once you pay for your Note, you will have no obligation to contribute more money to the Company, and you will not be personally obligated for any debts of the Company. However, under some circumstances you could be required by law to return some or all of a distribution you receive from the Company.

# No Right to Transfer

You should plan to hold the Notes until maturity. The Notes will be illiquid (meaning you might not be able to sell them) for at least four reasons:

- The Revenue Sharing Agreement prohibits the sale or other transfer of Notes without the Company's consent.
- If you want to sell your Note the Company will have the first right of refusal to buy it, which could make it harder to find a buyer.
- Even if a sale were permitted, there is no ready market for Notes, as there would be for a publicly-traded stock.
- By law, for a period of one year you won't be allowed to transfer the Investor Shares except (i) to the Company itself, (ii) to an "accredited" investor, (iii) to a family or trust, or (iii) in a public offering of the Company's shares.

# Security

The Notes are not secured by any assets of the Company or any assets of persons associated with the Company.

# Modification of Terms of Notes

The terms of the Notes and the Revenue Sharing Agreement may be modified or amended with the consent of Investors holding 50% of the Notes, measured by the total amount outstanding under each Note.

# Other Classes of Securities

| Name of Security | Limited Liability Company Interests |
| --- | --- |
| Number of Shares Outstanding | N/A |
| Describe Voting Rights of These Securities, Including Any Limitations on Voting Rights | N/A |
| How these securities differ from the revenue sharing notes being offered to investors | Limited Liability Company Interests are an equity interest, whereas Revenue Sharing Notes are a debt obligation of the Company. |

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## Dilution of Rights

The Company has the right to create additional classes of securities, both equity securities and debt securities (e.g., other classes of promissory notes). Some of these additional classes of securities could have rights that are superior to those of the Notes. For example, the Company could issue promissory notes that are secured by specific property of the Company.

## The People Who Control the Company

Each of these people owns 20% or more of the total voting power of the Company:

| Name of Holder | % of Voting Power (Prior to Offering) |
| --- | --- |
| Russel Johnson | 50% |
| Debra Cohen | 50% |

## How the Exercise of Voting Rights Could Affect You

You will receive payments with respect to your Note only if the Company makes enough money to pay you, or, if the Company does not make enough money to pay you, if there is enough value in the collateral the Company pledged as security for the Notes.

The people with voting rights control the Company and make all the decisions about running its business. If they make good business decisions, it is more likely you will be paid. If they make poor business decisions, it is less likely you will be paid. For example, if they hire too many people and/or try to expand too quickly, the business could be harmed. The people with voting rights could also decide to file for bankruptcy protection, making it more difficult for you to be paid.

## How the Notes are Being Valued

The Notes are being valued at their face value. We don't anticipate that we'll ever need to place a value on the Notes in the future.

## (N) The Funding Portal

The Company is offering its securities through MainVest, Inc., which is a 'Funding Portal' licensed by the Securities and Exchange Commission and FINRA. MainVest Inc.'s Central Index Key (CIK) number is 0001746059, their SEC File number is 007-00162, and their Central Registration Depository (CRD) number is 298384.

## (O) Compensation of the Funding Portal

Upon successful funding of the Offering, the Funding Portal will receive as the 'Revenue Securement Fee'; 4.5% of the amount of the Offering raised by In-Network Users of the Platform plus 9.0% of the amount of the Offering raised by all other investors. 'In-Network Users' means a user of Mainvest.com who who have utilized the Company's specified in-network link on the Site.

## (P) Indebtedness of the Company

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The Company has no indebtedness outside of the debt the Company is expecting to raise through regulation crowdfunding on MainVest.

# **(Q) Other Offerings of Securities within the Last Three Years**

The Company has not made any offerings with other third-party regulation crowdfunding companies in the past three years.

# **(R) Transactions Between the Company and 'Insiders'**

The Company has not entered into any business transactions, including stock Purchases, salaries, property rentals, consulting arrangements, guaranties, or other agreements with any individual identified in Section 227.201 (r)(1)-(4) of Regulation Crowdfunding during the 12 months preceding this Offering.

# **(S) The Company's Financial Condition**

Other outstanding debt or equity

As of October 12th, 2022 Rhode Island Pickleball has a debt of zero outstanding and a cash balance of zero. In addition to the Rhode Island Pickleball's debt raised on Mainvest, Rhode Island Pickleball may require additional funds from alternate sources at a later date.

No other outstanding debt or equity

The capital raised through Mainvest will make up the entirety of the Rhode Island Pickleball's fundraising. However, Rhode Island Pickleball may require additional funds from alternate sources at a later date.

No operating history

Rhode Island Pickleball was established in March, 2022. Accordingly, there are limited financial statements and information for investors to review. When evaluating this investment opportunity, investors should consider factors outlined in the risk section as well.

# **(T) The Company's Financial Statements**

Please see Appendix B for historical financial statements.

# **Pro Forma Income Statement**

In order to illustrate its future earning potential, the Company has provided a summary of its - year financial forecast. The forecast has been developed by the Company using reasonable best efforts based on their understanding of the industry and market they wish to enter. Please refer to Section (F) of this Offering Memorandum for a list of the risks associated with an investment in the Company and utilizing any pro forma provided by the Company for making investment decisions.

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|  | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
| --- | --- | --- | --- | --- | --- |
| Gross Sales | $2,937,789 | $3,160,993 | $3,653,492 | $4,200,822 | $4,843,632 |
| Cost of Goods Sold | $280,369 | $322,407 | $387,029 | $464,504 | $559,683 |
| Gross Profit | $2,657,420 | $2,838,586 | $3,266,463 | $3,736,318 | $4,283,949 |
| EXPENSES |  |  |  |  |  |
| Rent | $240,000 | $246,000 | $252,150 | $258,453 | $264,914 |
| Staff | $120,000 | $129,117 | $149,234 | $171,590 | $197,846 |
| Administration | $66,000 | $67,650 | $69,341 | $71,074 | $72,850 |
| Insurance | $24,000 | $24,600 | $25,215 | $25,845 | $26,491 |
| Utilities | $180,000 | $184,500 | $189,112 | $193,839 | $198,684 |
| Utilities Courts | $24,000 | $24,600 | $25,215 | $25,845 | $26,491 |
| Professional Fees | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 |
| Marketing | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 |
| Miscellaneous | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
| POS System | $15,000 | $5,000 | $5,000 | $5,000 | $5,000 |
| Audio/Visual | $120,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Court Maintenance | $24,000 | $25,823 | $29,846 | $34,317 | $39,568 |
| Operating Profit | $1,804,420 | $2,090,296 | $2,480,350 | $2,909,355 | $3,411,105 |

#### (U) Disqualification Events

Neither The Company nor any individual identified by Section 227.503(a) of Regulation Crowdfunding is the subject of a disqualifying event as defined by Section 227.503 of Regulation Crowdfunding.

#### Explanation

A company is not allowed to raise money using Regulation Crowdfunding if certain designated people associated with the Company (including its directors or executive officers) committed certain prohibited acts (mainly concerned with violations of the securities laws) on or after May 16, 2016. (You can read more about these rules in the Educational Materials.) This item requires a company to disclose whether any of those designated people committed any of those prohibited acts before May 16, 2016.

#### (V) Updates on the Progress of the Offering

To track the investment commitments we've received in this Offering, click to see the Progress Bar.

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#### (W) Annual Reports for the Company

The Company will file a report with the Securities and Exchange Commission annually and post the report on our website no later than 120 days after the end of each fiscal year. It's possible that at some point, the Company will not be required to file any more annual reports. We will notify you if that happens.

#### (X) Our Compliance with Reporting Obligations

The Company has never raised money using Regulation Crowdfunding before, and therefore has never been required to file any reports.

#### (Y) Other Information Prospective Investors Should Know About

The Issuer may offer 'Perks' as a means of showing appreciation to investors for supporting small community businesses. The offering of 'Perks' by issuers is done purely on a voluntary basis and have no influence upon the terms of the Offering. As such, Investor 'Perks' are not contractual conditions governed by 'the Note' and are not enforceable under 'the Note'.

#### Additional Information Included in the Form C

|  | Most recent fiscal year-end (tax returns) | Prior fiscal year-end (tax returns) |
| --- | --- | --- |
| Total Assets | $0 | $0 |
| Cash & Cash Equivalents | $0 | $0 |
| Accounts Receivable | $0 | $0 |
| Short-term Debt | $0 | $0 |
| Long-term Debt | $0 | $0 |
| Revenues/Sales | $0 | $0 |
| Cost of Goods Sold | $0 | $0 |
| Taxes Paid | $0 | $0 |
| Net Income | $0 | $0 |

Jurisdictions in which the Company intends to offer the securities:

AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, B5, GU, PR, VI, 1V

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### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Is this an amendment?** Yes

**Nature of Amendment:** Issuer is extending the deadline to make an investment.

**Name of Issuer:** Dabrie Holdings, LLC

**Legal Status:** Limited Liability Company

**Jurisdiction of Incorporation/Organization:** RI

**Date of Organization:** 03-21-2022

**Physical Address:** 106 BLACKSTONE BLVD, PROVIDENCE, RI, 02906

**Issuer Website:** https://www.facebook.com/Rhode-Island-Pickleball-103022742383481

**Is there a Co-Issuer?:** No

**Intermediary Name:** MainVest, Inc.

**Intermediary CIK:** 0001746059

**Intermediary File Number:** 007-00162

### Offering Information

**Compensation to Intermediary:** MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.

**Financial Interest in Issuer:** MainVest, Inc. owns no interest in the Company, directly or indirectly, and will not acquire an interest as part of the Offering, nor is there any arrangement for MainVest, Inc. to acquire an interest.

**Type of Security Offered:** Debt

**Price per Security:** $1.00

**Method for Determining Price:** The Notes are being valued at their face value. We don't anticipate that we'll ever need to place a value on the Notes in the future.

**Target Offering Amount:** $75,000.00

**Oversubscription Accepted:** Yes

**Oversubscription Allocation Type:** First-come, first-served basis

**Maximum Offering Amount:** $124,000.00

**Deadline to Reach Target Amount:** 04-24-2023

### Annual Report Disclosure Requirements

**Current Number of Employees:** 2.00

**Total Assets (Most Recent Fiscal Year):** $0.00

**Total Assets (Prior Fiscal Year):** $0.00

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $0.00

**Cash & Cash Equivalents (Prior Fiscal Year):** $0.00

**Accounts Receivable (Most Recent Fiscal Year):** $0.00

**Accounts Receivable (Prior Fiscal Year):** $0.00

**Short-Term Debt (Most Recent Fiscal Year):** $0.00

**Short-Term Debt (Prior Fiscal Year):** $0.00

**Long-Term Debt (Most Recent Fiscal Year):** $0.00

**Long-Term Debt (Prior Fiscal Year):** $0.00

**Revenues/Sales (Most Recent Fiscal Year):** $0.00

**Revenues/Sales (Prior Fiscal Year):** $0.00

**Cost of Goods Sold (Most Recent Fiscal Year):** $0.00

**Cost of Goods Sold (Prior Fiscal Year):** $0.00

**Taxes Paid (Most Recent Fiscal Year):** $0.00

**Taxes Paid (Prior Fiscal Year):** $0.00

**Net Income (Most Recent Fiscal Year):** $0.00

**Net Income (Prior Fiscal Year):** $0.00

**Jurisdictions Offered:**

ALABAMA, ALASKA, ARIZONA, ARKANSAS, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, DISTRICT OF COLUMBIA, FLORIDA, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, LOUISIANA, MAINE, MARYLAND, MASSACHUSETTS, MICHIGAN, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, PR, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN, WYOMING

### Signatures

**Issuer:** Dabrie Holdings, LLC

**Signature:** Debra Cohen

**Title:** Owner and CoFounder

---

**Signature:** Debra Cohen

**Title:** Owner and CoFounder

**Date:** 03-23-2023