Data / Crowdfunding / North Carolina / FG Communities, Inc.
FG Communities, Inc.: crowdfunding raise on Equifund Crowd Funding Portal Inc., $19,998 to $4,999,999 (2023)
FG Communities, Inc., a corporation in Charlotte, NC, filed a Form C with the SEC on June 13, 2023 to raise $19,998 to $4,999,999 in common stock through Equifund Crowd Funding Portal Inc.. The offering closed on April 13, 2024. In its most recent fiscal year it reported $10,306,184 in revenue and a net loss of $3,535,447, with 22 employees.
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- Website
- www.fgcommunities.com
- Funding portal
- Equifund Crowd Funding Portal Inc.
- Address
- 6408 BANNINGTON RD, Charlotte, NC 28226
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- July 8, 2022
- SEC CIK
- 0001959407
Offering terms
From the amendment filed June 13, 2023.
- Security
- Common Stock
- Price
- $2.25
- Target
- $19,998
- Maximum
- $4,999,999
- Deadline
- April 13, 2024
- Portal compensation
- 7% of gross monies raised in the offering and to issue to the Intermediary
Financials
From the Form C-AR filed May 1, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $10,306,184 | $2,278,345 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-3,535,447 | $-2,137,344 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $200,394,285 | $35,591,702 | sec.gov |
| Cash | $26,965,847 | $2,127,497 | sec.gov |
| Accounts receivable | $39,814 | $25,669 | sec.gov |
| Short-term debt | $0 | $2,526,157 | sec.gov |
| Long-term debt | $84,816,755 | $20,531,634 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| June 14, 2024 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| June 13, 2023 | Amendment | $19,998 | $4,999,999 | April 13, 2024 | The Net Income under "Disclosure Requirements" was inadvertently reported as a gain of 623,675. The Net Income was a net loss of -623,675.00 as was correctly reported in the audited financial statements attached as Exhibit C. | sec.gov |
| April 14, 2023 | Offering | $19,998 | $4,999,999 | April 13, 2024 | sec.gov |
Also on SpecStream
Updated May 1, 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.