Data / Crowdfunding / California / Palomino The Movie, Inc.
Palomino The Movie, Inc.: crowdfunding raise on Rise Up Crowdfunding Portal LLC, $10,000 to $4,000,000 (2024)
Palomino The Movie, Inc., a corporation in Sherman Oaks, CA, filed a Form C with the SEC on July 10, 2024 to raise $10,000 to $4,000,000 in preferred stock through Rise Up Crowdfunding Portal LLC. The offering closed on July 12, 2024. In its most recent fiscal year it reported $0 in revenue and a net loss of $26,021.
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- Website
- www.PalominoMovie.com
- Funding portal
- Rise Up Crowdfunding Portal LLC
- Address
- 4750 KESTER AVE APT 7, Sherman Oaks, CA 91403
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- April 3, 2023
- SEC CIK
- 0001992791
Offering terms
From the amendment filed July 10, 2024.
- Security
- Preferred Stock
- Price
- $10.00
- Target
- $10,000
- Maximum
- $4,000,000
- Deadline
- July 12, 2024
- Portal compensation
- The issuer shall pay to the Intermediary at the conclusion of the Offering a fee of seven percent (7%) of the amount raised in the Offering
Financials
From the Form C/A filed July 10, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-26,021 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $7,598 | $0 | sec.gov |
| Cash | $7,598 | $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 |
|---|---|---|---|---|---|---|
| July 10, 2024 | Amendment | $10,000 | $4,000,000 | July 12, 2024 | Extending the end date of the offering to September 12, 2024 | sec.gov |
| April 29, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| March 26, 2024 | Amendment | $10,000 | $4,000,000 | July 12, 2024 | Extending the end date of the offering to July 12, 2024 | sec.gov |
| October 26, 2023 | Progress update | $10,000 | $4,000,000 | March 12, 2024 | Issuer has reached 50% and 100% of the target offering amount | sec.gov |
| September 20, 2023 | Offering | $10,000 | $4,000,000 | March 12, 2024 | sec.gov |
Updated July 10, 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.