Data / Crowdfunding / North Carolina / Ancient Essentials Inc.
Ancient Essentials Inc.: crowdfunding raise on Fundopolis Portal LLC, $25,000 to $100,000 (2020)
Ancient Essentials Inc., a corporation in Kinston, NC, filed a Form C with the SEC on April 30, 2020 to raise $25,000 to $100,000 in debt through Fundopolis Portal LLC. The offering closed on August 28, 2020. In its most recent fiscal year it reported $29,622 in revenue and a net loss of $17,893, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.ancientessentials.com
- Funding portal
- Fundopolis Portal LLC
- Address
- 1205 EXECUTIVE DRIVE, Kinston, NC 28501
- Legal form
- Corporation
- Jurisdiction
- NC
- Incorporated
- August 2, 2019
- SEC CIK
- 0001809084
Offering terms
From the amendment filed April 30, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- August 28, 2020
- Portal compensation
- 6.0% of the offering amount raised upon a successful fundraise comprised of 4% of funds raised and 2% of securities issued.
Financials
From the Form C/A filed April 30, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $29,622 | $0 | sec.gov |
| Cost of goods sold | $20,836 | $0 | sec.gov |
| Net income | $-17,893 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $13,162 | $0 | sec.gov |
| Cash | $4,602 | $0 | sec.gov |
| Accounts receivable | $10,817 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2020 | Amendment | $25,000 | $100,000 | August 28, 2020 | Exhibit E - Raise Presentation Correction | sec.gov |
| April 29, 2020 | Offering | $25,000 | $100,000 | August 28, 2020 | sec.gov |
Updated April 30, 2020. 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.