Data / Crowdfunding / New York / Loftie, Inc
Loftie, Inc: crowdfunding raise on StartEngine Capital, LLC, $9,998 to $1,234,997 (2023)
Loftie, Inc, a corporation in New York, NY, filed a Form C with the SEC on January 13, 2023 to raise $9,998 to $1,234,997 in Non-Voting Common Stock through StartEngine Capital, LLC. The offering closed on February 16, 2023. In its most recent fiscal year it reported $2,512,892 in revenue and a net loss of $775,094, with 6 employees.
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- Website
- byloftie.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 26 GROVE STREET 5C, New York, NY 10014
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 27, 2018
- SEC CIK
- 0001949770
Offering terms
From the amendment filed January 13, 2023.
- Security
- Non-Voting Common Stock
- Price
- $3.38
- Target
- $9,998
- Maximum
- $1,234,997
- Deadline
- February 16, 2023
- Portal compensation
- Up to 9% percent
Financials
From the Form C-U filed February 21, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,512,892 | $725,730 | sec.gov |
| Cost of goods sold | $1,180,280 | $510,140 | sec.gov |
| Net income | $-775,094 | $-870,635 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,007,376 | $102,032 | sec.gov |
| Cash | $416,131 | $53,530 | sec.gov |
| Accounts receivable | $68,463 | $0 | sec.gov |
| Short-term debt | $2,681,453 | $801,974 | sec.gov |
| Long-term debt | $500,000 | $700,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 21, 2023 | Progress update | $9,998 | $1,234,997 | February 16, 2023 | At the close of the offering, the issuer closed on $40,094.05 and 13,310 number of securities. | sec.gov |
| January 13, 2023 | Amendment | $9,998 | $1,234,997 | February 16, 2023 | Issuer is extending campaign end date. | sec.gov |
| October 19, 2022 | Offering | $9,998 | $1,234,997 | January 17, 2023 | sec.gov |
Updated February 21, 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.