Data / Crowdfunding / Michigan / Aries Financial, Inc.
Aries Financial, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,997 to $1,234,998 (2023)
Aries Financial, Inc., a corporation in Detroit, MI, filed a Form C with the SEC on October 13, 2023 to raise $14,997 to $1,234,998 in common stock through StartEngine Capital, LLC. The offering closed on December 20, 2023. In its most recent fiscal year it reported $60,000 in revenue and a net loss of $97,683, with 4 employees.
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- Website
- www.tradearies.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1420 WASHINGTON BLVD., Detroit, MI 48226
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 27, 2021
- SEC CIK
- 0001985343
Offering terms
From the amendment filed October 13, 2023.
- Security
- Common Stock
- Price
- $3.12
- Target
- $14,997
- Maximum
- $1,234,998
- Deadline
- December 20, 2023
- Portal compensation
- up to 9% percent
Financials
From the Form C-U filed December 29, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $60,000 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-97,683 | $-32 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $352,974 | $49 | sec.gov |
| Cash | $223,216 | $49 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $369,730 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 29, 2023 | Progress update | $14,997 | $1,234,998 | December 20, 2023 | At the close of the offering, the issuer closed on $457,173.72 and 166,951 number of securities. | sec.gov |
| October 13, 2023 | Amendment | $14,997 | $1,234,998 | December 20, 2023 | Issuer is extending their campaign end date | sec.gov |
| July 18, 2023 | Offering | $14,997 | $1,234,998 | October 16, 2023 | sec.gov |
Updated December 29, 2023. 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.