Data / Crowdfunding / Virginia / 1787 Financial Corporation, Inc.
1787 Financial Corporation, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $106,998 (2017)
1787 Financial Corporation, Inc., a corporation in Mclean, VA, filed a Form C with the SEC on October 30, 2017 to raise $9,999 to $106,998 in common stock through StartEngine Capital, LLC. The offering closed on January 14, 2018. In its most recent fiscal year it reported $0 in revenue and a net loss of $47,000, with 2 employees.
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- Website
- 1787fp.co
- Funding portal
- StartEngine Capital, LLC
- Address
- 1420 Spring Hill Road Suite 600, Mclean, VA 22102
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 1, 2016
- SEC CIK
- 0001706256
Offering terms
From the offering filed October 30, 2017.
- Security
- Common Stock
- Price
- $3.00
- Target
- $9,999
- Maximum
- $106,998
- Deadline
- January 14, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-AR filed April 22, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-47,000 | $-79,000 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $12,500 | $12,500 | sec.gov |
| Cash | $2,000 | $4,500 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $136,000 | $154,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 22, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| January 16, 2018 | Progress update | $9,999 | $106,998 | January 14, 2018 | At the close of the offering, the amount closed on is $19,800.00 and 6,600 number of securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| October 30, 2017 | Offering | $9,999 | $106,998 | January 14, 2018 | sec.gov | |
| June 21, 2017 | Progress update | $9,999 | $99,999 | June 19, 2017 | End of offering | sec.gov |
| May 12, 2017 | Offering | $9,999 | $99,999 | June 19, 2017 | sec.gov |
Updated April 22, 2019. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.