Data / Crowdfunding / California / California Tequila, inc.
California Tequila, inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $4,999,997 (2022)
California Tequila, inc., a corporation in Rancho Santa Margarita, CA, filed a Form C with the SEC on October 6, 2022 to raise $9,999 to $4,999,997 in Class B Non-Voting Common Stock through StartEngine Capital, LLC. The offering closed on November 7, 2022. In its most recent fiscal year it reported $2,334,611 in revenue and a net loss of $2,371,358, with 9 employees.
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- Website
- www.Atequila.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 30012 AVENTURA, SUITE A SUITE A, Rancho Santa Margarita, CA 92688
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- April 27, 2020
- SEC CIK
- 0001812847
Offering terms
From the amendment filed October 6, 2022.
- Security
- Class B Non-Voting Common Stock
- Price
- $9.46
- Target
- $9,999
- Maximum
- $4,999,997
- Deadline
- November 7, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed April 24, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,334,611 | $3,907,010 | sec.gov |
| Cost of goods sold | $883,746 | $2,103,219 | sec.gov |
| Net income | $-2,371,358 | $-3,245,900 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,202,383 | $3,995,130 | sec.gov |
| Cash | $51,092 | $455,925 | sec.gov |
| Accounts receivable | $795,785 | $1,159,533 | sec.gov |
| Short-term debt | $379,505 | $259,257 | sec.gov |
| Long-term debt | $290,968 | $295,020 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 24, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| November 17, 2022 | Progress update | $9,999 | $4,999,997 | November 7, 2022 | At the close of the offering, the issuer closed on $213,198.57 and 27,094 number of securities. | sec.gov |
| October 7, 2022 | Progress update | $9,997 | $1,069,999 | September 29, 2020 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $1,094,254.68 and 297,763 number of securities. | sec.gov |
| October 6, 2022 | Amendment | $9,999 | $4,999,997 | November 7, 2022 | Issuer is extending campaign end date. | sec.gov |
| August 23, 2022 | Amendment | $9,999 | $4,999,997 | October 8, 2022 | Update to use of proceeds and platform fees | sec.gov |
| July 13, 2022 | Amendment | $9,999 | $4,999,997 | October 8, 2022 | Updated Clerical error in terms | sec.gov |
| July 8, 2022 | Offering | $9,999 | $4,999,997 | October 8, 2022 | sec.gov | |
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 13, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| October 2, 2020 | Progress update | $9,997 | $1,069,999 | September 29, 2020 | At the close of the offering, the issuer closed on $1,067,653.4 and 301,906 number of securities. | sec.gov |
| August 28, 2020 | Amendment | $9,997 | $1,069,999 | September 29, 2020 | Providing reviewed financial statements | sec.gov |
| June 30, 2020 | Offering | $9,997 | $1,069,999 | September 29, 2020 | sec.gov |
Also on SpecStream
Updated April 24, 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.