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Data / Crowdfunding / California / CEN INC

CEN INC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2019)

CEN INC, a corporation in Encinitas, CA, filed a Form C with the SEC on February 26, 2019 to raise $10,000 to $1,070,000 in Class B Non-Voting Common Stock and the right to receive Basic Intelligence Tokens BIT Tokens when and if issued through StartEngine Capital, LLC. The offering closed on April 29, 2019. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 4 employees.

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Website
www.cen.ai
Funding portal
StartEngine Capital, LLC
Address
1937 HUMMOCK LANE, Encinitas, CA 92024
Legal form
Corporation
Jurisdiction
DE
Incorporated
February 13, 2018
SEC CIK
0001735910

Offering terms

From the amendment filed February 26, 2019.

Security
Class B Non-Voting Common Stock and the right to receive Basic Intelligence Tokens BIT Tokens when and if issued
Price
$4.00
Target
$10,000
Maximum
$1,070,000
Deadline
April 29, 2019
Portal compensation
6 percent

Financials

From the Form C-U filed May 6, 2019.

Most recent fiscal yearPrior fiscal yearSource
Revenue$0$0sec.gov
Cost of goods sold$0$0sec.gov
Net income$0$0sec.gov
Taxes paid$0$0sec.gov
Total assets$0$0sec.gov
Cash$0$0sec.gov
Accounts receivable$890$0sec.gov
Short-term debt$0$0sec.gov
Long-term debt$29,532$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
June 11, 2020Termination of reportingNot listedNot listedsec.gov
May 6, 2019Progress update$10,000$1,070,000April 29, 2019At the close of the offering, the issuer closed on $136,100 and 34,234 number of securities.sec.gov
May 2, 2019Annual reportNot listedNot listedsec.gov
February 26, 2019Amendment$10,000$1,070,000April 29, 2019Issuer is extending the length of their campaign by 60 days.sec.gov
December 26, 2018Amendment$10,000$1,070,000February 26, 2019Issuer is extending the length of their campaign by 60 days.sec.gov
October 25, 2018Amendment$10,000$1,070,000December 28, 2018Issuer is extending the length of their campaign by 60 days.sec.gov
August 13, 2018Amendment$10,000$1,070,000October 29, 2018Issuer is extending their campaign.sec.gov
May 17, 2018Amendment$10,000$1,070,000August 14, 2018Issuer is correcting error in offering documentsec.gov
May 15, 2018Offering$10,000$1,070,000August 14, 2018sec.gov

All filings on sec.gov

Updated June 11, 2020. 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.