Data / Crowdfunding / Washington / Ecite Motors, L.L.C.
Ecite Motors, L.L.C.: crowdfunding raise on ANDES CAPITAL GROUP, LLC, $50,000 to $1,235,000 (2023)
Ecite Motors, L.L.C., a limited liability company in Bothell, WA, filed a Form C with the SEC on May 31, 2023 to raise $50,000 to $1,235,000 in Common Membership Units through ANDES CAPITAL GROUP, LLC. The offering closed on May 24, 2024. In its most recent fiscal year it reported $72,950 in revenue and a net loss of $508,483.
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
- www.ecitemotors.com
- Funding portal
- ANDES CAPITAL GROUP, LLC
- Address
- 15812 116TH AVE NE, Bothell, WA 98011
- Legal form
- Limited Liability Company
- Jurisdiction
- WA
- Incorporated
- September 9, 2021
- SEC CIK
- 0001976156
Offering terms
From the amendment filed May 31, 2023.
- Security
- Common Membership Units
- Price
- $2.50
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- May 24, 2024
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay a fee of three percent (3%) of the amount raised in the Offering to the Intermediary.
Financials
From the Form C/A filed May 31, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $72,950 | $12,550 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-508,483 | $-12,550 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,365,252 | $2,207,013 | sec.gov |
| Cash | $1,080 | $17,412 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,528 | $8,400 | sec.gov |
| Long-term debt | $768,840 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 31, 2023 | Amendment | $50,000 | $1,235,000 | May 24, 2024 | Update to Platinum Level Perk - $20,000 Platinum Level Perk Investors receive $2,500 credit upon purchase of a vehicle and limited edition t-shirt. | sec.gov |
| May 24, 2023 | Offering | $50,000 | $1,235,000 | May 24, 2024 | sec.gov |
Updated May 31, 2023. 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.