Data / Crowdfunding / California / Lightning Motors Corp
Lightning Motors Corp: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $4,999,991 (2024)
Lightning Motors Corp, a corporation in Hollister, CA, filed a Form C with the SEC on April 30, 2024 to raise $10,000 to $4,999,991 in common stock through NetCapital Funding Portal Inc.. The offering closed on May 10, 2024. In its most recent fiscal year it reported $381,873 in revenue and a net loss of $396,379, with 5 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
- lightningmotorcycle.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 2360 TECHNOLOGY PARKWAY, Hollister, CA 95023
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 10, 2007
- SEC CIK
- 0001646406
Offering terms
From the amendment filed April 30, 2024.
- Security
- Common Stock
- Price
- $10.56
- Target
- $10,000
- Maximum
- $4,999,991
- Deadline
- May 10, 2024
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000
Financials
From the Form C-AR filed March 13, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $381,873 | $414,712 | sec.gov |
| Cost of goods sold | $173,781 | $134,526 | sec.gov |
| Net income | $-396,379 | $-931,463 | sec.gov |
| Taxes paid | $850 | $1,256 | sec.gov |
| Total assets | $3,121,554 | $3,028,074 | sec.gov |
| Cash | $-12,409 | $-16,713 | sec.gov |
| Accounts receivable | $42,931 | $8,438 | sec.gov |
| Short-term debt | $1,459,934 | $1,322,913 | sec.gov |
| Long-term debt | $3,515,087 | $3,482,947 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 6, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 13, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| July 5, 2024 | Progress update | $10,000 | $4,999,991 | May 10, 2024 | End of offering. Issuer closed its offering with estimated gross proceeds of $146,752. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| April 30, 2024 | Amendment | $10,000 | $4,999,991 | May 10, 2024 | the issuer extended the offering deadline. | sec.gov |
| March 29, 2024 | Amendment | $10,000 | $4,999,991 | April 26, 2024 | issuer extended the offering | sec.gov |
| March 5, 2024 | Amendment | $10,000 | $4,999,991 | March 29, 2024 | issuer extended the offering | sec.gov |
| November 27, 2023 | Amendment | $10,000 | $4,999,991 | February 29, 2024 | issuer extended the offering deadline. | sec.gov |
| September 29, 2023 | Amendment | $10,000 | $4,999,991 | November 28, 2023 | the issuer extended the offering deadline. | sec.gov |
| September 26, 2023 | Amendment | $10,000 | $4,999,991 | September 29, 2023 | issuer changed the minimum investment amount | sec.gov |
| June 30, 2023 | Amendment | $10,000 | $4,999,991 | September 29, 2023 | the issuer extended the offering deadline and updated the offering to include 2022 financial statements. | sec.gov |
| May 26, 2023 | Amendment | $10,000 | $4,999,991 | June 30, 2023 | the issuer extended the offering deadline. | sec.gov |
| April 28, 2023 | Amendment | $10,000 | $4,999,991 | May 26, 2023 | the issuer extended the offering deadline. | sec.gov |
| March 16, 2023 | Offering | $10,000 | $4,999,991 | April 28, 2023 | sec.gov |
Updated April 6, 2026. 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.