Data / Crowdfunding / Kentucky / Baqua Inc.
Baqua Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $500,000 (2020)
Baqua Inc., a corporation in Lexington, KY, filed a Form C with the SEC on November 23, 2020 to raise $10,000 to $500,000 in common stock through StartEngine Capital, LLC. The offering closed on January 6, 2021. In its most recent fiscal year it reported $382 in revenue and a net loss of $105,796, with 1 employees.
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- Website
- www.baqua.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 325 W MAIN ST SUITE 300 SUITE 300, Lexington, KY 40507
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 28, 2016
- SEC CIK
- 0001677789
Offering terms
From the amendment filed November 23, 2020.
- Security
- Common Stock
- Price
- $2.50
- Target
- $10,000
- Maximum
- $500,000
- Deadline
- January 6, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed January 11, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $382 | $6,211 | sec.gov |
| Cost of goods sold | $93 | $6,999 | sec.gov |
| Net income | $-105,796 | $-254,672 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $4,375 | $18,069 | sec.gov |
| Cash | $2,915 | $13,973 | sec.gov |
| Accounts receivable | $0 | $109 | sec.gov |
| Short-term debt | $605,981 | $513,296 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 30, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| January 11, 2021 | Progress update | $10,000 | $500,000 | January 6, 2021 | At the close of the offering, the issuer closed on $26,372.50 and 11,353 number of securities. | sec.gov |
| November 23, 2020 | Amendment | $10,000 | $500,000 | January 6, 2021 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| September 25, 2020 | Amendment | $10,000 | $500,000 | November 30, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| August 25, 2020 | Amendment | $10,000 | $500,000 | September 28, 2020 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| June 30, 2020 | Amendment | $10,000 | $500,000 | August 28, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| May 27, 2020 | Amendment | $10,000 | $500,000 | June 29, 2020 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| April 29, 2020 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 29, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2020 | Amendment | $10,000 | $500,000 | May 29, 2020 | Issuer provided updated financials and extended their campaign. | sec.gov |
| February 18, 2020 | Amendment | $10,000 | $500,000 | April 28, 2020 | Clerical error with Form-C document. | sec.gov |
| February 13, 2020 | Offering | $10,000 | $500,000 | April 28, 2020 | sec.gov | |
| February 13, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| February 13, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| March 23, 2017 | Progress update | Not listed | Not listed | The total amount of securities sold in the Baqua offering are $30,200. | sec.gov | |
| January 6, 2017 | Progress update | $10,000 | $100,000 | December 31, 2016 | Baqua Inc offering closed on December 31st, 2016 with a total investment amount of $26,000. | sec.gov |
| October 11, 2016 | Offering | $10,000 | $100,000 | December 31, 2016 | sec.gov |
Updated December 30, 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.