Data / Crowdfunding / Washington / Avadi Engines Inc
Avadi Engines Inc: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,998 (2022)
Avadi Engines Inc, a corporation in Yakima, WA, filed a Form C with the SEC on November 22, 2022 to raise $9,999 to $1,069,998 in common stock through StartEngine Capital, LLC. The offering closed on December 22, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $330,930, with 4 employees.
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- Website
- www.avadiengines.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 212 N. NACHES AVE, Yakima, WA 98901
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 24, 2014
- SEC CIK
- 0001936324
Offering terms
From the amendment filed November 22, 2022.
- Security
- Common Stock
- Price
- $3.00
- Target
- $9,999
- Maximum
- $1,069,998
- Deadline
- December 22, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed December 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-330,930 | $-193,679 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $283,484 | $296,983 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $8,591 | $0 | sec.gov |
| Long-term debt | $308,840 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 29, 2022 | Progress update | $9,999 | $1,069,998 | December 22, 2022 | At the close of the offering, the issuer closed on $211,355.17 and 81,819 number of securities. | sec.gov |
| November 22, 2022 | Amendment | $9,999 | $1,069,998 | December 22, 2022 | Issuer is extending campaign end date. | sec.gov |
| August 24, 2022 | Offering | $9,999 | $1,069,998 | November 22, 2022 | sec.gov |
Updated December 29, 2022. 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.