Data / Crowdfunding / Texas / Learnt, Inc.
Learnt, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
Learnt, Inc., a corporation in Galveston, TX, filed a Form C with the SEC on March 30, 2021 to raise $10,000 to $1,070,000 in Convertible Note through StartEngine Capital, LLC. The offering closed on April 23, 2021. In its most recent fiscal year it reported $456,891 in revenue and $27,929 in net income, with 2 employees.
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- Website
- learnt.io
- Funding portal
- StartEngine Capital, LLC
- Address
- 3111 AVENUE R., Galveston, TX 77550
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 20, 2020
- SEC CIK
- 0001812665
Offering terms
From the amendment filed March 30, 2021.
- Security
- Convertible Note
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- April 23, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed August 2, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $456,891 | $287,353 | sec.gov |
| Cost of goods sold | $232,131 | $147,098 | sec.gov |
| Net income | $27,929 | $-3,818 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $9,647 | $4,525 | sec.gov |
| Cash | $9,547 | $3,994 | sec.gov |
| Accounts receivable | $100 | $531 | sec.gov |
| Short-term debt | $62,939 | $63,930 | sec.gov |
| Long-term debt | $13,332 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 2, 2021 | Progress update | $10,000 | $1,070,000 | April 23, 2021 | At the close of the offering, the issuer closed on $160,570.10 in Convertible Promissory Notes. | sec.gov |
| April 28, 2021 | Progress update | $10,000 | $1,070,000 | April 23, 2021 | At the close of the offering, the issuer closed on $163,570.01 in Convertible Promissory Notes. | sec.gov |
| March 30, 2021 | Amendment | $10,000 | $1,070,000 | April 23, 2021 | Issuer is lowering their minimum investment amount. | sec.gov |
| March 22, 2021 | Amendment | $10,000 | $1,070,000 | April 23, 2021 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| January 19, 2021 | Amendment | $10,000 | $1,070,000 | March 24, 2021 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| December 21, 2020 | Amendment | $10,000 | $1,070,000 | January 22, 2021 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| October 23, 2020 | Amendment | $10,000 | $1,070,000 | December 22, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| August 18, 2020 | Amendment | $10,000 | $1,070,000 | October 27, 2020 | Providing financial review and increasing maximum funding goal | sec.gov |
| July 28, 2020 | Offering | $10,000 | $107,000 | October 27, 2020 | sec.gov |
Updated August 2, 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.