Data / Crowdfunding / North Carolina / Old Glory Studios Inc.
Old Glory Studios Inc.: crowdfunding raise on FOLLA CAPITAL, LLC, $40,000 to $1,235,000 (2024)
Old Glory Studios Inc., a corporation in Charlotte, NC, filed a Form C with the SEC on November 25, 2024 to raise $40,000 to $1,235,000 in Simple Agreement for Future Equity (SAFE) through FOLLA CAPITAL, LLC. The offering closed on February 28, 2025. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 2 employees.
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- Website
- oldglorystudios.us
- Funding portal
- FOLLA CAPITAL, LLC
- Address
- 4111-E ROSE LAKE DR. #6493, Charlotte, NC 28217
- Legal form
- Corporation
- Jurisdiction
- NC
- Incorporated
- December 8, 2023
- SEC CIK
- 0002045384
Offering terms
From the offering filed November 25, 2024.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $500.00
- Target
- $40,000
- Maximum
- $1,235,000
- Deadline
- February 28, 2025
- Portal compensation
- The Intermediary is Folla Capital, LLC, a Broker-Dealer. The Intermediary will earn 6% of the amount raised. The issuer also pays a monthly retainer fee of $2,500.
Financials
From the Form C-U filed August 21, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $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 |
|---|---|---|---|---|---|---|
| August 21, 2025 | Progress update | $40,000 | $1,235,000 | February 28, 2025 | The issuer has exceeded the target offering amount by raising a total of $68,000 and is terminating the offering. | sec.gov |
| April 29, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| November 25, 2024 | Offering | $40,000 | $1,235,000 | February 28, 2025 | sec.gov |
Updated August 21, 2025. 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.