Data / Crowdfunding / California / Illusio, Inc.
Illusio, Inc.: crowdfunding raise on Equifund Crowd Funding Portal Inc., $20,000 to $1,070,000 (2019)
Illusio, Inc., a corporation in San Clemente, CA, filed a Form C with the SEC on December 26, 2019 to raise $20,000 to $1,070,000 in common stock through Equifund Crowd Funding Portal Inc.. The offering closed on April 30, 2020. In its most recent fiscal year it reported $0 in revenue and a net loss of $363,394, with 4 employees.
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- Website
- illusioimaging.com
- Funding portal
- Equifund Crowd Funding Portal Inc.
- Address
- 1211 Puerta Del Sol Suite 220, San Clemente, CA 92673
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 23, 2015
- SEC CIK
- 0001792754
Offering terms
From the amendment filed December 26, 2019.
- Security
- Common Stock
- Price
- $1.09
- Target
- $20,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2020
- Portal compensation
- The Intermediary will receive a commission equal to seven percent (7%) of the amount raised in the offering.
Financials
From the Form C-AR filed May 10, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $84,500 | $136,725 | sec.gov |
| Net income | $-363,394 | $-620,060 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $72,402 | $47,410 | sec.gov |
| Cash | $72,402 | $47,410 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 10, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| December 26, 2019 | Amendment | $20,000 | $1,070,000 | April 30, 2020 | The Company amended the Offering Statement in order to extend the deadline to reach the target offering amount to April 30, 2020. | sec.gov |
| November 1, 2019 | Offering | $20,000 | $1,070,000 | February 28, 2020 | sec.gov |
Updated May 10, 2021. 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.