Data / Crowdfunding / California / AVACEN, INC
AVACEN, INC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,235,000 (2023)
AVACEN, INC, a corporation in Carlsbad, CA, filed a Form C with the SEC on October 5, 2023 to raise $10,000 to $1,235,000 in common stock through StartEngine Capital, LLC. The offering closed on October 11, 2023. In its most recent fiscal year it reported $4,332,532 in revenue and a net loss of $52,600, with 10 employees.
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- Website
- avacen.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 6451 EL CAMINO REAL, SUITE C SUITE 311, Carlsbad, CA 92009
- Legal form
- Corporation
- Jurisdiction
- WY
- Incorporated
- September 15, 2017
- SEC CIK
- 0001472687
Offering terms
From the amendment filed October 5, 2023.
- Security
- Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,235,000
- Deadline
- October 11, 2023
- Portal compensation
- Up to 9% percent
Financials
From the Form C-AR filed May 12, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,332,532 | $5,332,560 | sec.gov |
| Cost of goods sold | $2,029,774 | $2,656,093 | sec.gov |
| Net income | $-52,600 | $-301,626 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $8,674,313 | $7,741,440 | sec.gov |
| Cash | $440,193 | $157,964 | sec.gov |
| Accounts receivable | $265,432 | $106,282 | sec.gov |
| Short-term debt | $760,868 | $496,332 | sec.gov |
| Long-term debt | $2,392,463 | $1,739,078 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 17, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 12, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| December 19, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| October 12, 2023 | Progress update | $10,000 | $1,235,000 | October 11, 2023 | At the close of the offering, the issuer closed on $224,359.08 and 241,139 number of securities. | sec.gov |
| October 5, 2023 | Amendment | $10,000 | $1,235,000 | October 11, 2023 | Issuer is moving their end date closer | sec.gov |
| September 20, 2023 | Amendment | $10,000 | $1,235,000 | November 21, 2023 | Issuer is extending their campaign end date | sec.gov |
| September 1, 2023 | Amendment | $10,000 | $1,235,000 | September 21, 2023 | Issuer is adding in a new Officer | sec.gov |
| July 24, 2023 | Amendment | $10,000 | $1,235,000 | September 21, 2023 | Issuer is updating their company address | sec.gov |
| June 22, 2023 | Offering | $10,000 | $1,235,000 | September 21, 2023 | sec.gov |
Updated March 17, 2026. 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.