Data / Crowdfunding / Hudway, Inc.
Hudway, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2019)
Hudway, Inc., a company, filed a Form C with the SEC on March 27, 2019 to raise $10,000 to $1,070,000 in Class B Non-Voting Common Stock through StartEngine Capital, LLC. The offering closed on April 30, 2019. In its most recent fiscal year it reported $1,366,472 in revenue and $153,288 in net income, with 35 employees.
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- Website
- hudway.co
- Funding portal
- StartEngine Capital, LLC
- SEC CIK
- 0001769966
Offering terms
From the amendment filed March 27, 2019.
- Security
- Class B Non-Voting Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2019
- Portal compensation
- 6.0 percent
Financials
From the Form C-U filed May 7, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,366,472 | $1,188,381 | sec.gov |
| Cost of goods sold | $655,477 | $486,811 | sec.gov |
| Net income | $153,288 | $137,182 | sec.gov |
| Taxes paid | $818 | $827 | sec.gov |
| Total assets | $867,793 | $768,697 | sec.gov |
| Cash | $108,054 | $17,241 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $58,862 | $513,893 | sec.gov |
| Long-term debt | $49,160 | $176,463 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 24, 2019 | Withdrawal | Not listed | Not listed | sec.gov | ||
| May 7, 2019 | Progress update | $10,000 | $1,070,000 | April 30, 2019 | The amount raised at the time of closing is $15,250.00 | sec.gov |
| March 27, 2019 | Amendment | $10,000 | $1,070,000 | April 30, 2019 | Correcting a typo in the offering memorandum related to oversubscription amount | sec.gov |
| March 18, 2019 | Offering | $10,000 | $1,070,000 | April 30, 2019 | sec.gov |
Updated May 24, 2019. 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.