Data / Crowdfunding / Colorado / PlantSnap, Inc.
PlantSnap, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,969 to $534,995 (2020)
PlantSnap, Inc., a corporation in Telluride, CO, filed a Form C with the SEC on March 23, 2020 to raise $9,969 to $534,995 in Series B Common Stock through StartEngine Capital, LLC. The offering closed on April 29, 2020. In its most recent fiscal year it reported $2,173,483 in revenue and a net loss of $6,790,512, with 12 employees.
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- Website
- www.plantsnap.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 473.5 WEST COLORADO AVE, Telluride, CO 81435
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 16, 2016
- SEC CIK
- 0001699476
Offering terms
From the amendment filed March 23, 2020.
- Security
- Series B Common Stock
- Price
- $35.86
- Target
- $9,969
- Maximum
- $534,995
- Deadline
- April 29, 2020
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed October 7, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,173,483 | $191,668 | sec.gov |
| Cost of goods sold | $2,624,941 | $825,122 | sec.gov |
| Net income | $-6,790,512 | $-2,155,979 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $515,694 | $274,089 | sec.gov |
| Cash | $360,234 | $16,277 | sec.gov |
| Accounts receivable | $59,137 | $153,458 | sec.gov |
| Short-term debt | $8,316,010 | $1,973,386 | sec.gov |
| Long-term debt | $118,250 | $118,250 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 7, 2022 | Progress update | $9,969 | $534,995 | April 29, 2020 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $553,140.58 and 15,307 number of securities. | sec.gov |
| June 22, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 5, 2020 | Progress update | $9,969 | $534,995 | April 29, 2020 | At the close of the offering, the issuer closed on $534,887.76 and 15,323 number of securities. | sec.gov |
| March 23, 2020 | Amendment | $9,969 | $534,995 | April 29, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| January 17, 2020 | Amendment | $9,969 | $534,995 | March 23, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| October 21, 2019 | Offering | $9,969 | $534,995 | January 21, 2020 | sec.gov | |
| October 21, 2019 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| October 18, 2019 | Withdrawal | Not listed | Not listed | sec.gov | ||
| October 18, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| September 6, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2018 | Progress update | $9,989 | $164,208 | April 30, 2018 | At the close of the offering, the amount closed on is $133,100.84 and 5,157 number of securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| March 20, 2018 | Offering | $9,989 | $164,208 | April 30, 2018 | sec.gov | |
| March 7, 2018 | Progress update | $50,000 | $1,000,000 | September 15, 2017 | At the close of the offering, the amount closed on is $118,150.00 and 118,150 number of securities sold. | sec.gov |
| February 26, 2018 | Progress update | $9,996 | $400,008 | March 7, 2018 | At the close of the offering, the amount closed on is $252,634.00 and 25,638 number of securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| December 26, 2017 | Amendment | $9,996 | $400,008 | March 7, 2018 | Issuer is extending their campaign | sec.gov |
| December 8, 2017 | Amendment | $9,996 | $400,008 | January 5, 2018 | Typographical error for maximum funding goal in the offering document. | sec.gov |
| November 14, 2017 | Amendment | $9,996 | $400,008 | January 5, 2018 | Issuer has attached an additional exhibit and altered their minimum investment amount | sec.gov |
| November 6, 2017 | Amendment | $9,996 | $400,008 | January 5, 2018 | Offering Document File Upload Error | sec.gov |
| November 6, 2017 | Offering | $9,996 | $400,008 | January 5, 2018 | sec.gov | |
| October 31, 2017 | Progress update | $50,000 | $1,000,000 | September 15, 2017 | At the close of the offering, the issuer sold $116,149 | sec.gov |
| September 14, 2017 | Amendment | $50,000 | $1,000,000 | September 15, 2017 | Include video transcripts and updated business plan. | sec.gov |
| May 11, 2017 | Amendment | $50,000 | $1,000,000 | September 15, 2017 | Include language for rolling close. | sec.gov |
| March 17, 2017 | Offering | $50,000 | $1,000,000 | September 15, 2017 | sec.gov |
Updated October 7, 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.