Data / Crowdfunding / California / GRACEDBYGRIT
GRACEDBYGRIT: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,000,000 (2017)
GRACEDBYGRIT, a corporation in Solana Beach, CA, filed a Form C with the SEC on October 11, 2017 to raise $10,000 to $1,000,000 in common stock through StartEngine Capital, LLC. The offering closed on October 31, 2017. In its most recent fiscal year it reported $181,216 in revenue and $413,934 in net income, with 9 employees.
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- Website
- WWW.GRACEDBYGRIT.COM
- Funding portal
- StartEngine Capital, LLC
- Address
- 153 N. HIGHWAY 101, SUITE #102, Solana Beach, CA 92075
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 18, 2013
- SEC CIK
- 0001704611
Offering terms
From the amendment filed October 11, 2017.
- Security
- Common Stock
- Price
- $0.16
- Target
- $10,000
- Maximum
- $1,000,000
- Deadline
- October 31, 2017
- Portal compensation
- 5 percent
Financials
From the Form C-AR filed May 9, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $181,216 | $727,163 | sec.gov |
| Cost of goods sold | $114,939 | $474,255 | sec.gov |
| Net income | $413,934 | $-1,286,453 | sec.gov |
| Taxes paid | $800 | $800 | sec.gov |
| Total assets | $1,003,885 | $296,685 | sec.gov |
| Cash | $5,975 | $44,136 | sec.gov |
| Accounts receivable | $7,854 | $33,352 | sec.gov |
| Short-term debt | $1,920,349 | $1,790,510 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 9, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| November 6, 2017 | Progress update | $10,000 | $1,000,000 | October 31, 2017 | At the end of the offering, the issuer closed on $231,308.64 and sold 1,445,679 securities. | sec.gov |
| October 11, 2017 | Amendment | $10,000 | $1,000,000 | October 31, 2017 | Extending the end date of the offering and annual report clarification. | sec.gov |
| August 22, 2017 | Amendment | $10,000 | $1,000,000 | October 10, 2017 | Update to the indebtedness section. | sec.gov |
| August 21, 2017 | Amendment | $10,000 | $1,000,000 | October 10, 2017 | Issuer has updated their financials with a certified accountant review and changed the maximum funding goal to $1,070,000. | sec.gov |
| August 1, 2017 | Amendment | $10,000 | $107,000 | August 22, 2017 | To include additional information with respect to previous tax returns. | sec.gov |
| June 29, 2017 | Amendment | $10,000 | $107,000 | August 22, 2017 | Annual Report Clarification | sec.gov |
| June 26, 2017 | Amendment | $10,000 | $107,000 | August 22, 2017 | Updated Financial Review and Class B Common Stock authorization | sec.gov |
| May 24, 2017 | Offering | $10,000 | $107,000 | August 22, 2017 | sec.gov |
Updated April 29, 2020. 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.