Data / Crowdfunding / Pennsylvania / Online Stores Inc
Online Stores Inc: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $5,000,000 (2022)
Online Stores Inc, a corporation in New Stanton, PA, filed a Form C with the SEC on March 16, 2022 to raise $10,000 to $5,000,000 in common stock through StartEngine Capital, LLC. The offering closed on April 20, 2022. In its most recent fiscal year it reported $58,611,850 in revenue and $623,121 in net income, with 130 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
- www.onlinestores.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1000 Westinghouse Dr. Suite 1, New Stanton, PA 15672
- Legal form
- Corporation
- Jurisdiction
- PA
- Incorporated
- January 9, 2003
- SEC CIK
- 0001663794
Offering terms
From the amendment filed March 16, 2022.
- Security
- Common Stock
- Price
- $2.50
- Target
- $10,000
- Maximum
- $5,000,000
- Deadline
- April 20, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed May 3, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $58,611,850 | $55,120,381 | sec.gov |
| Cost of goods sold | $41,743,939 | $40,065,630 | sec.gov |
| Net income | $623,121 | $522,138 | sec.gov |
| Taxes paid | $12,671 | $0 | sec.gov |
| Total assets | $15,868,897 | $13,620,065 | sec.gov |
| Cash | $36,827 | $247,550 | sec.gov |
| Accounts receivable | $825,335 | $1,095,793 | sec.gov |
| Short-term debt | $7,186,190 | $7,246,719 | sec.gov |
| Long-term debt | $50,392 | $788,078 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 3, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2022 | Progress update | $10,000 | $5,000,000 | April 20, 2022 | The issuer closed on $91,695.00 and 43,315 shares of common stock. | sec.gov |
| March 16, 2022 | Amendment | $10,000 | $5,000,000 | April 20, 2022 | The issuer is extending their campaign to 04/20/22 | sec.gov |
| December 20, 2021 | Offering | $10,000 | $5,000,000 | March 21, 2022 | sec.gov |
Updated May 3, 2022. 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.