Data / Crowdfunding / Washington / Galactic Annihilation Inc.
Galactic Annihilation Inc.: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,234,999 (2023)
Galactic Annihilation Inc., a corporation in Bellevue, WA, filed a Form C with the SEC on October 18, 2023 to raise $15,000 to $1,234,999 in common stock through StartEngine Capital, LLC. The offering closed on January 16, 2024. In its most recent fiscal year it reported $356,293 in revenue and a net loss of $1,833,368, with 15 employees.
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- Website
- industrialannihilation.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1100 Bellevue Way NE STE 8A-557, Bellevue, WA 98004
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 28, 2021
- SEC CIK
- 0001994173
Offering terms
From the offering filed October 18, 2023.
- Security
- Common Stock
- Price
- $1.05
- Target
- $15,000
- Maximum
- $1,234,999
- Deadline
- January 16, 2024
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed April 9, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $356,293 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,833,368 | $-1,433,674 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $83,770 | $1,400,169 | sec.gov |
| Cash | $32,804 | $1,360,608 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,020,870 | $1,155,058 | sec.gov |
| Long-term debt | $1,220,000 | $720,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 9, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 9, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| February 14, 2024 | Progress update | $15,000 | $1,234,999 | January 16, 2024 | At the close of the offering, the issuer closed on $818,730.25 and 943,357 number of securities. | sec.gov |
| October 18, 2023 | Offering | $15,000 | $1,234,999 | January 16, 2024 | sec.gov |
Updated April 9, 2025. 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.