Data / Crowdfunding / Michigan / Kilowatts For A Cause Inc
Kilowatts For A Cause Inc: crowdfunding raise on Raise Green, Inc., $75,000 to $124,000 (2022)
Kilowatts For A Cause Inc, a corporation in Ann Arbor, MI, filed a Form C with the SEC on December 8, 2022 to raise $75,000 to $124,000 in debt through Raise Green, Inc.. The offering closed on March 9, 2023. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 1 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- kw4ac.org
- Funding portal
- Raise Green, Inc.
- Address
- 2075 W. STADIUM BLVD. SUITE 3872, Ann Arbor, MI 48106
- Legal form
- Corporation
- Jurisdiction
- MI
- Incorporated
- April 26, 2022
- SEC CIK
- 0001943419
Offering terms
From the amendment filed December 8, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $75,000
- Maximum
- $124,000
- Deadline
- March 9, 2023
- Portal compensation
- 5% of the final funds raised.
Financials
From the Form C-AR filed April 30, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $60,800 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $10,000 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $70,800 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 19, 2023 | Progress update | $75,000 | $124,000 | March 9, 2023 | The issuer closed on $80,100 of debt notes. The funding portal was granted $1,600 of securities as compensation, and $1,000 in additional compensation for filing a Form C/A Material Change. | sec.gov |
| March 15, 2023 | Progress update | $75,000 | $124,000 | March 9, 2023 | At the close of the offering, the issuer raised investment commitments of $95,100. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| December 8, 2022 | Amendment | $75,000 | $124,000 | March 9, 2023 | The Company is extending the offer close date to March 9, 2023, increasing their maximum offer amount to $124,000, and changing the maturity date to 3/9/2028 in line with the new close date. | sec.gov |
| September 1, 2022 | Offering | $75,000 | $107,000 | December 8, 2022 | sec.gov |
Updated April 30, 2024. 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.