Data / Crowdfunding / Texas / Detroit Style Inc.
Detroit Style Inc.: crowdfunding raise on MainVest, Inc., $45,000 to $107,000 (2021)
Detroit Style Inc., a corporation in Farmers Branch, TX, filed a Form C with the SEC on July 30, 2021 to raise $45,000 to $107,000 in debt through MainVest, Inc.. The offering closed on October 29, 2021. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 1 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- rockcityza.com/menu
- Funding portal
- MainVest, Inc.
- Address
- 12221 EUNICE ST, Farmers Branch, TX 75234
- Legal form
- Corporation
- Jurisdiction
- TX
- Incorporated
- May 6, 2021
- SEC CIK
- 0001863267
Offering terms
From the amendment filed July 30, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $45,000
- Maximum
- $107,000
- Deadline
- October 29, 2021
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed November 1, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $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 |
|---|---|---|---|---|---|---|
| November 1, 2021 | Progress update | $45,000 | $107,000 | October 29, 2021 | At the close of the offering, the issuer closed on $49600.The funds are currently being processed. The actual amount may be lower. | sec.gov |
| July 30, 2021 | Amendment | $45,000 | $107,000 | October 29, 2021 | Issuer is extending deadline to invest. Issuer is decreasing target amount minimum. Issuer is amending revenue share percentage. Issuer amending intended use of funds. | sec.gov |
| May 21, 2021 | Offering | $75,000 | $107,000 | July 30, 2021 | sec.gov |
Updated November 1, 2021. 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.