Data / Crowdfunding / California / Alelo Inc.
Alelo Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,999 (2021)
Alelo Inc., a corporation in Camarillo, CA, filed a Form C with the SEC on July 26, 2021 to raise $9,999 to $1,069,999 in common stock through StartEngine Capital, LLC. The offering closed on August 28, 2021. In its most recent fiscal year it reported $26,957 in revenue and a net loss of $1,710,120, with 5 employees.
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- Website
- www.alelo.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 2390 LAS POSAS RD. UNIT C P.O. BOX 454, Camarillo, CA 93010
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- January 3, 2006
- SEC CIK
- 0001719038
Offering terms
From the amendment filed July 26, 2021.
- Security
- Common Stock
- Price
- $0.69
- Target
- $9,999
- Maximum
- $1,069,999
- Deadline
- August 28, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-AR filed April 16, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $26,957 | $468,000 | sec.gov |
| Cost of goods sold | $239,000 | $913,000 | sec.gov |
| Net income | $-1,710,120 | $-853,836 | sec.gov |
| Taxes paid | $1,600 | $1,600 | sec.gov |
| Total assets | $234,453 | $248,421 | sec.gov |
| Cash | $37,029 | $7,934 | sec.gov |
| Accounts receivable | $1,621 | $5,387 | sec.gov |
| Short-term debt | $97,639 | $101,420 | sec.gov |
| Long-term debt | $5,322,629 | $3,839,293 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 16, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 6, 2022 | Progress update | $9,999 | $1,069,999 | August 28, 2021 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $563,231.70 and 838,584 number of securities. | sec.gov |
| April 26, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 27, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| August 31, 2021 | Progress update | $9,999 | $1,069,999 | August 28, 2021 | Issuer closed on 831,346 shares and $539,447.52 | sec.gov |
| July 26, 2021 | Amendment | $9,999 | $1,069,999 | August 28, 2021 | Issuer is extending their campaign for 30 days. | sec.gov |
| April 30, 2021 | Amendment | $9,999 | $1,069,999 | July 29, 2021 | Extending campaign and updating financials | sec.gov |
| April 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 7, 2021 | Amendment | $9,999 | $1,069,999 | April 30, 2021 | Issuer extended its campaign. | sec.gov |
| February 1, 2021 | Amendment | $9,999 | $1,069,999 | April 7, 2021 | Issuer extended its campaign and updated its page. | sec.gov |
| December 2, 2020 | Amendment | $9,999 | $1,069,999 | February 3, 2021 | Issuer extended its campaign and updated its page. | sec.gov |
| October 1, 2020 | Amendment | $9,999 | $1,069,999 | December 4, 2020 | Issuer extended their offering. | sec.gov |
| August 3, 2020 | Amendment | $9,999 | $1,069,999 | October 5, 2020 | Issuer extended their campaign. | sec.gov |
| May 6, 2020 | Offering | $9,999 | $1,069,999 | August 5, 2020 | sec.gov |
Updated April 16, 2024. 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.