Data / Crowdfunding / Colorado / Mags Ammo & Co
Mags Ammo & Co: crowdfunding raise on ChainRaise Portal LLC, $996,000 to $4,992,000 (2024)
Mags Ammo & Co, a corporation in Sterling, CO, filed a Form C with the SEC on April 3, 2024 to raise $996,000 to $4,992,000 in Units of Common Stock through ChainRaise Portal LLC. The offering closed on January 9, 2025. In its most recent fiscal year it reported $0 in revenue and a net loss of $84,132, with 3 employees.
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- Website
- www.magsnco.com
- Funding portal
- ChainRaise Portal LLC
- Address
- 301 POPLAR STREET, SUITE 15, Sterling, CO 80751
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- December 27, 2022
- SEC CIK
- 0002004562
Offering terms
From the amendment filed April 3, 2024.
- Security
- Units of Common Stock
- Price
- $12,000.00
- Target
- $996,000
- Maximum
- $4,992,000
- Deadline
- January 9, 2025
- Portal compensation
- 5.0% of the amount raised
Financials
From the Form C/A filed April 3, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-84,132 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $42,000 | $0 | sec.gov |
| Cash | $6,868 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $33,000 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 3, 2024 | Amendment | $996,000 | $4,992,000 | January 9, 2025 | Update of Subscription Agreement | sec.gov |
| February 5, 2024 | Amendment | $996,000 | $4,992,000 | January 9, 2025 | Update of Subscription Agreement | sec.gov |
| January 17, 2024 | Offering | $996,000 | $4,992,000 | January 9, 2025 | sec.gov |
Updated April 3, 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.