Data / Crowdfunding / California / Hitch Hotel Inc.
Hitch Hotel Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
Hitch Hotel Inc., a corporation in Santa Clarita, CA, filed a Form C with the SEC on November 19, 2021 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on December 20, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $132,780, with 4 employees.
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- Website
- www.hitchhotel.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 24852 AVENUE ROCKEFELLER, Santa Clarita, CA 91355
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 21, 2015
- SEC CIK
- 0001803159
Offering terms
From the amendment filed November 19, 2021.
- Security
- Common Stock
- Price
- $5.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- December 20, 2021
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed October 5, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-132,780 | $-184,116 | sec.gov |
| Taxes paid | $800 | $800 | sec.gov |
| Total assets | $607,369 | $494,593 | sec.gov |
| Cash | $4,054 | $8,317 | sec.gov |
| Accounts receivable | $33,385 | $0 | sec.gov |
| Short-term debt | $511,098 | $451,363 | sec.gov |
| Long-term debt | $441,971 | $380,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 5, 2022 | Progress update | $10,000 | $1,070,000 | December 20, 2021 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $334,730 and 70,434 number of securities. | sec.gov |
| December 23, 2021 | Progress update | $10,000 | $1,070,000 | December 20, 2021 | At the close of the offering, the issuer closed on $308,090 and 65,335 number of securities. | sec.gov |
| November 19, 2021 | Amendment | $10,000 | $1,070,000 | December 20, 2021 | Issuer is changing campaign end date | sec.gov |
| October 25, 2021 | Amendment | $10,000 | $1,070,000 | December 27, 2021 | Issuer is extending campaign | sec.gov |
| August 25, 2021 | Amendment | $10,000 | $1,070,000 | October 27, 2021 | Issuer is updating perks | sec.gov |
| July 26, 2021 | Amendment | $10,000 | $1,070,000 | October 27, 2021 | Issuer extended their campaign | sec.gov |
| June 21, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 29, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2021 | Amendment | $10,000 | $1,070,000 | July 29, 2021 | Issuer extended their campaign and added updated financials. | sec.gov |
| March 1, 2021 | Amendment | $10,000 | $1,070,000 | April 30, 2021 | Issuer is extending the length of their campaign. | sec.gov |
| December 28, 2020 | Amendment | $10,000 | $1,070,000 | March 3, 2021 | Issuer is extending the length of their campaign. | sec.gov |
| November 6, 2020 | Amendment | $10,000 | $1,070,000 | December 30, 2020 | Issuer updated their campaign page. | sec.gov |
| October 21, 2020 | Amendment | $10,000 | $1,070,000 | December 30, 2020 | Issuer extended their campaign and updated their campaign page. | sec.gov |
| August 25, 2020 | Amendment | $10,000 | $1,070,000 | October 27, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| June 26, 2020 | Amendment | $10,000 | $1,070,000 | August 28, 2020 | Issuer extended their campaign and updated their perks. | sec.gov |
| May 27, 2020 | Amendment | $10,000 | $1,070,000 | June 29, 2020 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| April 29, 2020 | Amendment | $10,000 | $1,070,000 | May 29, 2020 | Issuer provided updated financials and extended their campaign. | sec.gov |
| March 12, 2020 | Amendment | $10,000 | $1,070,000 | April 29, 2020 | Issuer provided an update to voting proxy to fix clerical error. | sec.gov |
| March 11, 2020 | Offering | $10,000 | $1,070,000 | April 29, 2020 | sec.gov |
Updated October 5, 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.