Data / Crowdfunding / Texas / Hidrent Inc.
Hidrent Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $534,999 (2022)
Hidrent Inc., a corporation in Prosper, TX, filed a Form C with the SEC on September 13, 2022 to raise $9,999 to $534,999 in Series Seed-1 Stock through StartEngine Capital, LLC. The offering closed on October 19, 2022. In its most recent fiscal year it reported $429,438 in revenue and a net loss of $320,506, with 2 employees.
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- Website
- www.hidrent.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 961 Waterview Drive, Prosper, TX 75078
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 12, 2017
- SEC CIK
- 0001778787
Offering terms
From the amendment filed September 13, 2022.
- Security
- Series Seed-1 Stock
- Price
- $0.57
- Target
- $9,999
- Maximum
- $534,999
- Deadline
- October 19, 2022
- Portal compensation
- 9 percent
Financials
From the Form C/A filed September 13, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $429,438 | $261,786 | sec.gov |
| Cost of goods sold | $408,174 | $229,623 | sec.gov |
| Net income | $-320,506 | $-229,207 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $187,144 | $59,082 | sec.gov |
| Cash | $147,494 | $18,529 | sec.gov |
| Accounts receivable | $33,816 | $40,349 | sec.gov |
| Short-term debt | $265,574 | $323,222 | sec.gov |
| Long-term debt | $557,000 | $44,802 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 13, 2022 | Amendment | $9,999 | $534,999 | October 19, 2022 | Issuer is extending campaign end date. | sec.gov |
| June 21, 2022 | Offering | $9,999 | $534,999 | September 19, 2022 | sec.gov | |
| June 16, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 1, 2021 | Progress update | $25,000 | $490,000 | January 29, 2021 | The Offering closed successfully on 01/30/2021, having received investment commitments of $100,098.00 although a final accounting has not taken place. | sec.gov |
| October 21, 2020 | Amendment | $25,000 | $490,000 | January 29, 2021 | Company is hereby extending its campaign until January 29, 2021 and disclosing a new loan agreement. | sec.gov |
| July 14, 2020 | Offering | $25,000 | $490,000 | October 31, 2020 | sec.gov | |
| March 30, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| August 26, 2019 | Progress update | $25,000 | $107,000 | August 19, 2019 | $43,102 in investments. Payments still being processed; final number yet to be determined. | sec.gov |
| July 26, 2019 | Amendment | $25,000 | $107,000 | August 19, 2019 | This amendment is being filed to add a webinar transcript as Exhibit H. | sec.gov |
| June 25, 2019 | Amendment | $25,000 | $107,000 | August 19, 2019 | This amendment is filed to attach a second video transcript as Exhibit G. | sec.gov |
| June 21, 2019 | Offering | $25,000 | $107,000 | August 19, 2019 | sec.gov |
Updated September 13, 2022. 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.