Data / Crowdfunding / Tennessee / Gimme Radio Inc.
Gimme Radio Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2019)
Gimme Radio Inc., a corporation in Nashville, TN, filed a Form C with the SEC on February 5, 2019 to raise $25,000 to $1,070,000 in debt through SI SECURITIES, LLC. The offering closed on April 5, 2019. In its most recent fiscal year it reported $41,771 in revenue and a net loss of $1,329,898, with 6 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.gimmeradio.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 6339 CHARLOTTE PIKE #1059, Nashville, TN 37209
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 26, 2017
- SEC CIK
- 0001766620
Offering terms
From the amendment filed February 5, 2019.
- Security
- Debt
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 5, 2019
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-AR filed June 15, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $41,771 | $33,039 | sec.gov |
| Cost of goods sold | $33,039 | $25,813 | sec.gov |
| Net income | $-1,329,898 | $-984,536 | sec.gov |
| Taxes paid | $1,515 | $0 | sec.gov |
| Total assets | $1,659,642 | $642,957 | sec.gov |
| Cash | $642,957 | $187,422 | sec.gov |
| Accounts receivable | $0 | $317 | sec.gov |
| Short-term debt | $115,621 | $625,187 | sec.gov |
| Long-term debt | $0 | $1,215,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 22, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 15, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 3, 2019 | Progress update | $25,000 | $1,070,000 | April 5, 2019 | The issuer raised approximately $203,500.00 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| February 5, 2019 | Amendment | $25,000 | $1,070,000 | April 5, 2019 | Fixing typo for Major Purchaser from $50,000 to $25,000 | sec.gov |
| February 5, 2019 | Offering | $25,000 | $1,070,000 | April 5, 2019 | sec.gov |
Updated April 22, 2021. 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.