Data / Crowdfunding / Delaware / Card Blanch Inc.
Card Blanch Inc.: crowdfunding raise on PicMii Crowdfunding LLC, $10,000 to $618,000 (2023)
Card Blanch Inc., a corporation in Claymont, DE, filed a Form C with the SEC on September 29, 2023 to raise $10,000 to $618,000 in Simple Agreement for Future Equity (SAFE) with $6M Post-Money Valuation Cap and 60% Discount Rate convertible into Preferred Shares. through PicMii Crowdfunding LLC. The offering closed on April 1, 2024. In its most recent fiscal year it reported $0 in revenue and a net loss of $65,159, with 5 employees.
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- Website
- cardblanch.com
- Funding portal
- PicMii Crowdfunding LLC
- Address
- 2093 Philadelphia Pike Ste 8242, Claymont, DE 19703
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 25, 2021
- SEC CIK
- 0001880638
Offering terms
From the offering filed September 29, 2023.
- Security
- Simple Agreement for Future Equity (SAFE) with $6M Post-Money Valuation Cap and 60% Discount Rate convertible into Preferred Shares.
- Price
- $1.00
- Target
- $10,000
- Maximum
- $618,000
- Deadline
- April 1, 2024
- Portal compensation
- PicMii is a FINRA/SEC registered funding portal and will receive cash compensation equal to 4.5% of the value of the securities sold through Regulation CF. The issuer is also responsible for fees associated with transactions and escrow.
Financials
From the Form C-AR filed April 30, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-65,159 | $-91,610 | sec.gov |
| Taxes paid | $500 | $450 | sec.gov |
| Total assets | $181,721 | $204,177 | sec.gov |
| Cash | $678 | $32,903 | 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 |
|---|---|---|---|---|---|---|
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 19, 2024 | Withdrawal | Not listed | Not listed | sec.gov | ||
| September 29, 2023 | Offering | $10,000 | $618,000 | April 1, 2024 | sec.gov | |
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 15, 2021 | Amendment | $100,000 | $1,070,000 | April 30, 2022 | Updating Form C due to incorrect info in Q13. | sec.gov |
| September 15, 2021 | Offering | $100,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated April 30, 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.