Data / Crowdfunding / Nevada / Jet Token Inc.
Jet Token Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,999 (2019)
Jet Token Inc., a corporation in Las Vegas, NV, filed a Form C with the SEC on May 10, 2019 to raise $9,999 to $1,069,999 in Series CF Non-Voting Preferred Stock through StartEngine Capital, LLC. The offering closed on July 3, 2019. In its most recent fiscal year it reported $21,862,728 in revenue and a net loss of $7,738,203, with 6 employees.
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- Website
- www.jettoken.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 10845 Griffith Peak Drive Suite 200, Las Vegas, NV 89135
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 4, 2018
- SEC CIK
- 0001756014
Offering terms
From the amendment filed May 10, 2019.
- Security
- Series CF Non-Voting Preferred Stock
- Price
- $0.06
- Target
- $9,999
- Maximum
- $1,069,999
- Deadline
- July 3, 2019
- Portal compensation
- 6.0 percent
Financials
From the Form C-AR filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $21,862,728 | $1,112,195 | sec.gov |
| Cost of goods sold | $19,803,739 | $1,383,100 | sec.gov |
| Net income | $-7,738,203 | $-15,765,249 | sec.gov |
| Taxes paid | $2,400 | $0 | sec.gov |
| Total assets | $4,890,619 | $2,141,037 | sec.gov |
| Cash | $1,527,391 | $643,494 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $394,923 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| July 8, 2019 | Progress update | $9,999 | $1,069,999 | July 3, 2019 | At the close of the offering, the issuer closed on $1,070,000 and 17,843,236 number of securities (price per share: $0.06). | sec.gov |
| May 10, 2019 | Amendment | $9,999 | $1,069,999 | July 3, 2019 | Fixing error in offering document | sec.gov |
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Amendment | $9,999 | $1,069,999 | July 3, 2019 | Issuer is extending their campaign and updating their financials. | sec.gov |
| February 19, 2019 | Amendment | $9,999 | $1,069,999 | April 30, 2019 | Updating end date. | sec.gov |
| February 8, 2019 | Amendment | $9,999 | $1,069,999 | May 13, 2019 | Updating end date. | sec.gov |
| February 8, 2019 | Offering | $9,999 | $1,069,999 | May 9, 2019 | sec.gov |
Updated May 1, 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.