Data / Crowdfunding / Washington / GRAVITY JACK, INC.
GRAVITY JACK, INC.: crowdfunding raise on StartEngine Capital LLC, $1,000,000 (2024)
GRAVITY JACK, INC., a corporation in Spokane, WA, filed a Form C with the SEC on June 7, 2024 to raise $1,000,000 in common stock through StartEngine Capital LLC. The offering closed on September 30, 2024. In its most recent fiscal year it reported $1,281,923 in revenue and a net loss of $594,531, with 12 employees.
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- Website
- www.gravityjack.com
- Funding portal
- StartEngine Capital LLC
- Address
- 157 S HOWARD ST. STE 605, Spokane, WA 99201
- Legal form
- Corporation
- Jurisdiction
- WY
- Incorporated
- December 11, 2007
- SEC CIK
- 0001551022
Offering terms
From the offering filed June 7, 2024.
- Security
- Common Stock
- Price
- $3.29
- Target
- $1,000,000
- Deadline
- September 30, 2024
- Portal compensation
- Same as Initial Filing
Financials
From the Form C filed June 7, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,281,923 | $1,583,865 | sec.gov |
| Cost of goods sold | $619,511 | $592,242 | sec.gov |
| Net income | $-594,531 | $-59,115 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $467,044 | $524,696 | sec.gov |
| Cash | $6,961 | $68,732 | sec.gov |
| Accounts receivable | $99,060 | $74,357 | sec.gov |
| Short-term debt | $392,433 | $315,337 | sec.gov |
| Long-term debt | $889,522 | $951,037 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 7, 2024 | Offering | $1,000,000 | Not listed | September 30, 2024 | sec.gov | |
| February 22, 2024 | Progress update | $14,997 | $1,234,999 | February 12, 2024 | At the close of the offering, the issuer closed on $301,396.99 and 80,202 number of securities. | sec.gov |
| December 7, 2023 | Amendment | $14,997 | $1,234,999 | February 12, 2024 | Issuer is adding two new team members and extending their campaign end date | sec.gov |
| October 6, 2023 | Amendment | $14,997 | $1,234,999 | December 11, 2023 | Adding new Directors and removing a team member | sec.gov |
| September 12, 2023 | Offering | $14,997 | $1,234,999 | December 11, 2023 | sec.gov |
Updated June 7, 2024. 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.