Data / Crowdfunding / Delaware / Ola Filter Corp
Ola Filter Corp: crowdfunding raise on Raise Green, Inc., $15,000 to $250,000 (2021)
Ola Filter Corp, a corporation in Dover, DE, filed a Form C with the SEC on June 4, 2021 to raise $15,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Raise Green, Inc.. The offering closed on July 31, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $66,905, with 2 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
- olafilter.com
- Funding portal
- Raise Green, Inc.
- Address
- 8 The Green St Suite 300, Dover, DE 19901
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 1, 2021
- SEC CIK
- 0001857390
Offering terms
From the offering filed June 4, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Target
- $15,000
- Maximum
- $250,000
- Deadline
- July 31, 2021
- Portal compensation
- Remuneration for Raise Green is only paid if this raise is successful in meeting its target amount. Raise Green will get paid a flat 5% on the amount raised which is withdrawn directly from the escrow account before disbursing funds to the Company.
Financials
From the Form C-AR filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $20,828 | $0 | sec.gov |
| Net income | $-66,905 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $83,199 | $0 | sec.gov |
| Cash | $63,562 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 8, 2021 | Progress update | Not listed | Not listed | The issuer closed on $162,800 of SAFEs. The funding portal was granted $3,200 of securities as compensation. | sec.gov | |
| August 6, 2021 | Progress update | Not listed | Not listed | The issuer raised investment commitments of $164,800 by 74 Simple Agreements for Future Equity (SAFE) securities with 74 investors during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov | |
| June 4, 2021 | Offering | $15,000 | $250,000 | July 31, 2021 | sec.gov |
Updated May 1, 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.