Data / Crowdfunding / California / Detonation Space Inc.
Detonation Space Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
Detonation Space Inc., a corporation in West Hollywood, CA, filed a Form C with the SEC on December 16, 2021 to raise $10,000 to $1,070,000 in Convertible Note through StartEngine Capital, LLC. The offering closed on December 31, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $54,341, with 5 employees.
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- Website
- detonation.space
- Funding portal
- StartEngine Capital, LLC
- Address
- 8605 SANTA MONICA BLVD, West Hollywood, CA 90069
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 21, 2020
- SEC CIK
- 0001863996
Offering terms
From the amendment filed December 16, 2021.
- Security
- Convertible Note
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- December 31, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed October 4, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-54,341 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $25,000 | $0 | sec.gov |
| Cash | $0 | $0 | 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 |
|---|---|---|---|---|---|---|
| October 4, 2022 | Progress update | $10,000 | $1,070,000 | December 31, 2021 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $152,630.49 and 147,469 number of securities. | sec.gov |
| January 3, 2022 | Progress update | $10,000 | $1,070,000 | December 31, 2021 | At the close of the offering, the issuer closed on $136534.17 and 131917.09 number of securities. | sec.gov |
| December 16, 2021 | Amendment | $10,000 | $1,070,000 | December 31, 2021 | The issuer is moving up their close date to 12/31/2021. | sec.gov |
| November 24, 2021 | Amendment | $10,000 | $1,070,000 | February 28, 2022 | The issuer is extending their campaign for 90 days to February 28, 2022. | sec.gov |
| June 14, 2021 | Amendment | $10,000 | $1,070,000 | November 29, 2021 | Updating minimum investment amount | sec.gov |
| June 1, 2021 | Offering | $10,000 | $1,070,000 | November 29, 2021 | sec.gov |
Updated October 4, 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.