Data / Crowdfunding / Florida / Authors A.I., Inc.
Authors A.I., Inc.: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,200,000 (2024)
Authors A.I., Inc., a corporation in Orlando, FL, filed a Form C with the SEC on May 1, 2024 to raise $15,000 to $1,200,000 in common stock through StartEngine Capital, LLC. The offering closed on July 31, 2024. In its most recent fiscal year it reported $85,217 in revenue and $24,222 in net income, with 2 employees.
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- Website
- authors.ai
- Funding portal
- StartEngine Capital, LLC
- Address
- 1622 STEVENS AVE., Orlando, FL 32806
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 5, 2019
- SEC CIK
- 0002021814
Offering terms
From the offering filed May 1, 2024.
- Security
- Common Stock
- Price
- $1.00
- Target
- $15,000
- Maximum
- $1,200,000
- Deadline
- July 31, 2024
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed August 27, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $85,217 | $59,619 | sec.gov |
| Cost of goods sold | $0 | $44 | sec.gov |
| Net income | $24,222 | $-25,681 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $64,690 | $40,468 | sec.gov |
| Cash | $64,690 | $40,468 | 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 27, 2024 | Progress update | $15,000 | $1,200,000 | July 31, 2024 | At the close of the offering, the issuer closed on $211,326.32 and 234,496 number of securities. | sec.gov |
| May 1, 2024 | Offering | $15,000 | $1,200,000 | July 31, 2024 | sec.gov |
Updated August 27, 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.