Data / Crowdfunding / New York / Arc Footwear, Corp.
Arc Footwear, Corp.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
Arc Footwear, Corp., a corporation in New York, NY, filed a Form C with the SEC on June 30, 2021 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on July 30, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $2,820, with 4 employees.
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- Website
- www.arcfootwearcorp.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1460 BROADWAY, New York, NY 10036
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 12, 2020
- SEC CIK
- 0001828045
Offering terms
From the amendment filed June 30, 2021.
- Security
- Common Stock
- Price
- $5.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- July 30, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed August 26, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-2,820 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $280 | $0 | sec.gov |
| Cash | $280 | $0 | sec.gov |
| Accounts receivable | $0 | $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 |
|---|---|---|---|---|---|---|
| August 26, 2021 | Progress update | $10,000 | $1,070,000 | July 30, 2021 | Adjustment to the initial Form C-U filing of 08/02/2021. At the close of the offering, the issuer closed on $53,035 and 11,387 number of securities | sec.gov |
| August 2, 2021 | Progress update | $10,000 | $1,070,000 | July 30, 2021 | At the close of the offering, the issuer closed on $52,410 and 11,254 number of securities. | sec.gov |
| June 30, 2021 | Amendment | $10,000 | $1,070,000 | July 30, 2021 | Issuer extended its offering. | sec.gov |
| June 21, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| May 28, 2021 | Amendment | $10,000 | $1,070,000 | June 30, 2021 | Issuer updated campaign page, updated the team, adjusted onboarding, adjusted the perks, increased their minimum investment, and extended its offering.. | sec.gov |
| April 29, 2021 | Amendment | $10,000 | $1,070,000 | May 31, 2021 | Issuer provided updated financials, extended their campaign duration, and added a new Director. | sec.gov |
| April 29, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| November 20, 2020 | Offering | $10,000 | $1,070,000 | April 30, 2021 | sec.gov |
Updated August 26, 2021. 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.