Data / Crowdfunding / Nevada / ITerum Energy Co
ITerum Energy Co: crowdfunding raise on CASTLE PLACEMENT, LLC, $25,000 to $5,000,000 (2022)
ITerum Energy Co, a corporation in Las Vegas, NV, filed a Form C with the SEC on September 6, 2022 to raise $25,000 to $5,000,000 in Class B Non-Voting Common Stock through CASTLE PLACEMENT, LLC. The offering closed on August 31, 2023. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 4 employees.
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- Website
- www.iterumenergy.com
- Funding portal
- CASTLE PLACEMENT, LLC
- Address
- 1400 SOUTH 4TH STREET SUITE 500, Las Vegas, NV 89101
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- May 23, 2011
- SEC CIK
- 0001937970
Offering terms
From the offering filed September 6, 2022.
- Security
- Class B Non-Voting Common Stock
- Price
- $2.00
- Target
- $25,000
- Maximum
- $5,000,000
- Deadline
- August 31, 2023
- Portal compensation
- 7.5 % of capital raised plus $250 for independent third-party U.S. background checks for the Company and two key executives.
Financials
From the Form C-AR filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,111,519 | $3,097,299 | sec.gov |
| Cash | $12,231 | $11 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $522,362 | $898,510 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 7, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 6, 2022 | Offering | $25,000 | $5,000,000 | August 31, 2023 | sec.gov |
Updated September 7, 2023. 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.