Data / Crowdfunding / Utah / Pale Blue Earth, Inc
Pale Blue Earth, Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,235,000 (2024)
Pale Blue Earth, Inc, a corporation in Park City, UT, filed a Form C with the SEC on April 24, 2024 to raise $50,000 to $1,235,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $5,381,112 in revenue and a net loss of $959,571, with 6 employees.
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- Website
- www.paleblueearth.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2750 Rasmussen Rd Suite H203, Park City, UT 84098
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 21, 2020
- SEC CIK
- 0002003923
Offering terms
From the amendment filed April 24, 2024.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- April 29, 2024
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed March 20, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,381,112 | $3,269,452 | sec.gov |
| Cost of goods sold | $1,729,871 | $1,252,910 | sec.gov |
| Net income | $-959,571 | $-1,015,091 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,417,873 | $1,677,187 | sec.gov |
| Cash | $243,567 | $121,858 | sec.gov |
| Accounts receivable | $400,204 | $186,254 | sec.gov |
| Short-term debt | $1,332,141 | $1,167,099 | sec.gov |
| Long-term debt | $4,499,722 | $2,985,343 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 20, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 24, 2024 | Amendment | $50,000 | $1,235,000 | April 29, 2024 | Removing Normal Bird terms. | sec.gov |
| December 21, 2023 | Offering | $50,000 | $1,235,000 | April 29, 2024 | sec.gov |
Updated March 20, 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.