Data / Crowdfunding / California / II Transatlantic Inc.
II Transatlantic Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2019)
II Transatlantic Inc., a corporation in San Diego, CA, filed a Form C with the SEC on May 31, 2019 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on August 13, 2019. In its most recent fiscal year it reported $1,818,676 in revenue and a net loss of $794,634, with 11 employees.
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- Website
- instantimprints.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 6615 FLANDERS DRIVE SUITE B, San Diego, CA 92121
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 24, 2015
- SEC CIK
- 0001763972
Offering terms
From the amendment filed May 31, 2019.
- Security
- Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- August 13, 2019
- Portal compensation
- 6 percent
Financials
From the Form C-U filed August 20, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,818,676 | $1,580,234 | sec.gov |
| Cost of goods sold | $696,847 | $349,181 | sec.gov |
| Net income | $-794,634 | $-295,847 | sec.gov |
| Taxes paid | $800 | $1,600 | sec.gov |
| Total assets | $972,639 | $1,207,130 | sec.gov |
| Cash | $9,357 | $2,961 | sec.gov |
| Accounts receivable | $209,500 | $246,824 | sec.gov |
| Short-term debt | $2,664,452 | $2,208,140 | sec.gov |
| Long-term debt | $310,799 | $239,467 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 20, 2019 | Progress update | $10,000 | $1,070,000 | August 13, 2019 | At the close of the offering, the issuer closed on $27,500 and 27,550 number of securities. | sec.gov |
| May 31, 2019 | Amendment | $10,000 | $1,070,000 | August 13, 2019 | Issuer has updated language in its offering document, made aesthetic changes to campaign page and extended the end date of its offering. | sec.gov |
| May 1, 2019 | Amendment | $10,000 | $1,070,000 | July 3, 2019 | Issuer is extending their campaign and updating their financials. | sec.gov |
| February 26, 2019 | Offering | $10,000 | $1,070,000 | April 30, 2019 | sec.gov |
Updated August 20, 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.