Data / Crowdfunding / Tennessee / H2 Energy Group Inc
H2 Energy Group Inc: crowdfunding raise on CASTLE PLACEMENT, LLC, $986 to $4,814,766 (2022)
H2 Energy Group Inc, a corporation in Friendsville, TN, filed a Form C with the SEC on May 27, 2022 to raise $986 to $4,814,766 in common stock through CASTLE PLACEMENT, LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $222,024, with 4 employees.
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- Website
- www.h2eg.com
- Funding portal
- CASTLE PLACEMENT, LLC
- Address
- 1774 DERBY DOWNS DRIVE, Friendsville, TN 37737
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 31, 2020
- SEC CIK
- 0001901902
Offering terms
From the offering filed May 27, 2022.
- Security
- Common Stock
- Price
- $24.66
- Target
- $986
- Maximum
- $4,814,766
- Deadline
- April 30, 2023
- Portal compensation
- 7.5 % of capital raised for independent third-party U.S. background checks for the Company and two key executives
Financials
From the Form C-AR filed November 27, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-222,024 | $-69,959 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $113,460 | $0 | sec.gov |
| Cash | $264,890 | $27,868 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $356,519 | $262,320 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 29, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| November 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 27, 2022 | Offering | $986 | $4,814,766 | April 30, 2023 | sec.gov | |
| May 19, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 9, 2022 | Progress update | $25,005 | $5,000,000 | April 29, 2022 | The company sold approximately $184,717 of shares of Class B Common Stock. | sec.gov |
| January 20, 2022 | Offering | $25,005 | $5,000,000 | April 29, 2022 | sec.gov |
Updated December 29, 2023. 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.