Data / Crowdfunding / California / Lit Motors Corporation
Lit Motors Corporation: crowdfunding raise on Wefunder Portal LLC, $150,000 to $4,749,132 (2026)
Lit Motors Corporation, a corporation in San Francisco, CA, filed a Form C with the SEC on February 11, 2026 to raise $150,000 to $4,749,132 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2026. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,712,009, with 4 employees.
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- Website
- www.litmotors.com
- Funding portal
- Wefunder Portal LLC
- Address
- 188 Southpark St. Unit 12, San Francisco, CA 94107
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 12, 2010
- SEC CIK
- 0001588286
Offering terms
From the offering filed February 11, 2026.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $150,000
- Maximum
- $4,749,132
- Deadline
- April 30, 2026
- Portal compensation
- 7.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed February 11, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,712,009 | $-939,282 | sec.gov |
| Taxes paid | $800 | $0 | sec.gov |
| Total assets | $1,415,623 | $1,278,780 | sec.gov |
| Cash | $288,888 | $48 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $16,190 | $11,103 | sec.gov |
| Long-term debt | $11,997,144 | $11,984,187 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 11, 2026 | Offering | $150,000 | $4,749,132 | April 30, 2026 | sec.gov | |
| February 11, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| May 10, 2024 | Offering | $300,000 | $5,000,000 | April 30, 2025 | sec.gov |
Also on SpecStream
Updated February 11, 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.