Data / Crowdfunding / California / Earthwise Sorbents, Inc.
Earthwise Sorbents, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,997 to $1,069,995 (2021)
Earthwise Sorbents, Inc., a corporation in Oceanside, CA, filed a Form C with the SEC on July 26, 2021 to raise $9,997 to $1,069,995 in common stock through StartEngine Capital, LLC. The offering closed on September 27, 2021. In its most recent fiscal year it reported $2,554 in revenue and a net loss of $25,449, with 3 employees.
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- Website
- earthwisesorbents.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 305 AIRPORT ROAD, SUITE 6 SUITE F, Oceanside, CA 92024
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 28, 2017
- SEC CIK
- 0001842460
Offering terms
From the amendment filed July 26, 2021.
- Security
- Common Stock
- Price
- $3.75
- Target
- $9,997
- Maximum
- $1,069,995
- Deadline
- September 27, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed October 6, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,554 | $11,250 | sec.gov |
| Cost of goods sold | $1,819 | $11,372 | sec.gov |
| Net income | $-25,449 | $-112,237 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $106,055 | $86,630 | sec.gov |
| Cash | $697 | $0 | sec.gov |
| Accounts receivable | $370 | $6,532 | sec.gov |
| Short-term debt | $45,785 | $7,104 | sec.gov |
| Long-term debt | $227,047 | $216,538 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 6, 2022 | Progress update | $9,997 | $1,069,995 | September 27, 2021 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $72,159.70 and 19,860 number of securities. | sec.gov |
| September 28, 2021 | Progress update | $9,997 | $1,069,995 | September 27, 2021 | At the close of the offering, the issuer closed on $67218.75 and 19180 number of securities. | sec.gov |
| July 26, 2021 | Amendment | $9,997 | $1,069,995 | September 27, 2021 | Issuer is extending their campaign for 60 days. | sec.gov |
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2021 | Amendment | $9,997 | $1,069,995 | July 29, 2021 | Extending and amending the campaign with new financials | sec.gov |
| February 8, 2021 | Offering | $9,997 | $1,069,995 | April 30, 2021 | sec.gov |
Updated October 6, 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.