Data / Crowdfunding / California / Elephant Craft, Inc.
Elephant Craft, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
Elephant Craft, Inc., a corporation in Foothill Ranch, CA, filed a Form C with the SEC on October 5, 2021 to raise $10,000 to $1,070,000 in Common Stock Class B through StartEngine Capital, LLC. The offering closed on October 19, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $86,762, with 7 employees.
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- Website
- www.elephantcraftseltzer.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 26741 PORTOLA PKWY. STE. 1E #632, Foothill Ranch, CA 92610
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- February 3, 2020
- SEC CIK
- 0001819705
Offering terms
From the amendment filed October 5, 2021.
- Security
- Common Stock Class B
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- October 19, 2021
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed October 6, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-86,762 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $77,397 | $0 | sec.gov |
| Cash | $112 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $119,109 | $0 | sec.gov |
| Long-term debt | $45,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 6, 2022 | Progress update | $10,000 | $1,070,000 | October 19, 2021 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $123,632.81 and 129,709 number of securities. | sec.gov |
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 20, 2021 | Progress update | $10,000 | $1,070,000 | October 19, 2021 | At the close of the offering, the issuer closed on $111,717 and 121,491 number of securities. | sec.gov |
| October 5, 2021 | Amendment | $10,000 | $1,070,000 | October 19, 2021 | Removing a few risk factors directly relating to trademarks | sec.gov |
| April 22, 2021 | Offering | $10,000 | $1,070,000 | October 19, 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.