Data / Crowdfunding / Florida / esc Aerospace US, Inc.
esc Aerospace US, Inc.: crowdfunding raise on Silicon Prairie Online LLC, $618,000 (2023)
esc Aerospace US, Inc., a corporation in Orlando, FL, filed a Form C with the SEC on March 2, 2023 to raise $618,000 in Convertible Promissory Notes through Silicon Prairie Online LLC. The offering closed on August 31, 2023. In its most recent fiscal year it reported $592,710 in revenue and a net loss of $32,435, with 10 employees.
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- Website
- www.esc-aerospace.us
- Funding portal
- Silicon Prairie Online LLC
- Address
- 3259 PROGRESS DR. #106, Orlando, FL 32826
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- June 13, 2018
- SEC CIK
- 0001926086
Offering terms
From the amendment filed March 2, 2023.
- Security
- Convertible Promissory Notes
- Price
- $1.00
- Target
- $618,000
- Maximum
- $618,000
- Deadline
- August 31, 2023
- Portal compensation
- 5% Cash on First 1M, 4% on Second, 3% up to 10M, then 1% thereafter
Financials
From the Form C/A filed March 2, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $592,710 | $767,501 | sec.gov |
| Cost of goods sold | $352,263 | $542,183 | sec.gov |
| Net income | $-32,435 | $63,964 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $270,239 | $168,228 | sec.gov |
| Cash | $75,273 | $0 | sec.gov |
| Accounts receivable | $193,374 | $137,503 | sec.gov |
| Short-term debt | $227,705 | $94,004 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 2, 2023 | Amendment | $618,000 | $618,000 | August 31, 2023 | Reduce minimum investment amount | sec.gov |
| February 27, 2023 | Amendment | $618,000 | $618,000 | August 31, 2023 | Change securities offered from SAFEs to convertible promissory notes. | sec.gov |
| May 6, 2022 | Amendment | $600,000 | $1,000,000 | October 25, 2022 | Reduction of minimum offering amount | sec.gov |
| April 28, 2022 | Offering | $600,000 | $1,000,000 | October 25, 2022 | sec.gov |
Updated March 2, 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.