Data / Crowdfunding / California / Hacking Labs
Hacking Labs: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $616,998 (2024)
Hacking Labs, a corporation in Novato, CA, filed a Form C with the SEC on March 27, 2024 to raise $9,999 to $616,998 in Non-Voting Common Stock through StartEngine Capital, LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $522,757 in revenue and a net loss of $435,438, with 4 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.veercycle.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 46 DIGITAL DR., STE. 2 STE. 2, Novato, CA 94949
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- July 28, 2016
- SEC CIK
- 0001847180
Offering terms
From the amendment filed March 27, 2024.
- Security
- Non-Voting Common Stock
- Price
- $1.20
- Target
- $9,999
- Maximum
- $616,998
- Deadline
- April 29, 2024
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed May 7, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $522,757 | $238,140 | sec.gov |
| Cost of goods sold | $302,633 | $157,001 | sec.gov |
| Net income | $-435,438 | $-564,241 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $283,575 | $232,772 | sec.gov |
| Cash | $103,737 | $76,606 | sec.gov |
| Accounts receivable | $635 | $0 | sec.gov |
| Short-term debt | $273,573 | $335,505 | sec.gov |
| Long-term debt | $259,322 | $17,641 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 7, 2024 | Progress update | $9,999 | $616,998 | April 29, 2024 | At the close of the offering, the issuer closed on $286,091.35 and 294,502 number of securities. | sec.gov |
| March 27, 2024 | Amendment | $9,999 | $616,998 | April 29, 2024 | Issuer is extending their campaign end date to April 29th, 2024. | sec.gov |
| January 26, 2024 | Amendment | $9,999 | $616,998 | April 1, 2024 | Issuer is extending their campaign end date to April 1st, 2024. | sec.gov |
| December 13, 2023 | Amendment | $9,999 | $616,998 | January 29, 2024 | Issuer is extending their campaign end date | sec.gov |
| October 25, 2023 | Amendment | $9,999 | $616,998 | December 28, 2023 | Minor page edits | sec.gov |
| September 28, 2023 | Offering | $9,999 | $616,998 | December 28, 2023 | sec.gov | |
| July 20, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 22, 2022 | Progress update | $10,000 | $1,070,000 | April 19, 2022 | At the close of the offering, the issuer closed on $786,368.37 and 1,305,059 number of securities. | sec.gov |
| February 16, 2022 | Amendment | $10,000 | $1,070,000 | April 19, 2022 | Issuer is extending campaign for 60 days | sec.gov |
| December 16, 2021 | Amendment | $10,000 | $1,070,000 | February 18, 2022 | Issuer is extending campaign for 60 days | sec.gov |
| September 20, 2021 | Amendment | $10,000 | $1,070,000 | December 20, 2021 | Issuer is extending campaign for 90 days and refiling as material | sec.gov |
| September 20, 2021 | Amendment | $10,000 | $1,070,000 | December 20, 2021 | Issuer is extending campaign for 90 days | sec.gov |
| March 29, 2021 | Offering | $10,000 | $1,070,000 | September 21, 2021 | sec.gov |
Updated May 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.