Data / Crowdfunding / Washington / Fast Penny Spirits, Inc
Fast Penny Spirits, Inc: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2022)
Fast Penny Spirits, Inc, a corporation in Seattle, WA, filed a Form C with the SEC on June 30, 2022 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on September 28, 2022. In its most recent fiscal year it reported $433,207 in revenue and a net loss of $540,921, with 4 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
- www.fastpennyspirits.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1138 W EWING ST, SUITE B SUITE B, Seattle, WA 98119
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 1, 2022
- SEC CIK
- 0001935954
Offering terms
From the offering filed June 30, 2022.
- Security
- Common Stock
- Price
- $2.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- September 28, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed March 6, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $433,207 | $389,436 | sec.gov |
| Cost of goods sold | $83,783 | $59,655 | sec.gov |
| Net income | $-540,921 | $-353,751 | sec.gov |
| Taxes paid | $140,773 | $40,750 | sec.gov |
| Total assets | $540,952 | $704,644 | sec.gov |
| Cash | $159,703 | $557,438 | sec.gov |
| Accounts receivable | $18,312 | $16,068 | sec.gov |
| Short-term debt | $29,423 | $10,229 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 3, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 6, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 4, 2022 | Progress update | $10,000 | $1,070,000 | September 28, 2022 | At the close of the offering, the issuer closed on $113,363.48 and 61,528 number of securities. | sec.gov |
| June 30, 2022 | Offering | $10,000 | $1,070,000 | September 28, 2022 | sec.gov |
Updated June 3, 2026. 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.