Data / Crowdfunding / Maryland / PLNT MANAGEMENT, INC.
PLNT MANAGEMENT, INC.: crowdfunding raise on StartEngine Primary, LLC, $20,000 to $1,234,977 (2025)
PLNT MANAGEMENT, INC., a corporation in Bethesda, MD, filed a Form C with the SEC on March 6, 2025 to raise $20,000 to $1,234,977 in Non-Voting Common Stock through StartEngine Primary, LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $11,244,622 in revenue and a net loss of $2,874,479, with 76 employees.
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- Website
- plntburger.com
- Funding portal
- StartEngine Primary, LLC
- Address
- 4827 BETHESDA AVE, Bethesda, MD 20814
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 30, 2019
- SEC CIK
- 0002044891
Offering terms
From the amendment filed March 6, 2025.
- Security
- Non-Voting Common Stock
- Price
- $27.18
- Target
- $20,000
- Maximum
- $1,234,977
- Deadline
- April 30, 2025
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed May 8, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $11,244,622 | $8,561,724 | sec.gov |
| Cost of goods sold | $2,914,110 | $2,592,748 | sec.gov |
| Net income | $-2,874,479 | $-3,213,428 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $11,858,155 | $8,285,464 | sec.gov |
| Cash | $105,840 | $279,703 | sec.gov |
| Accounts receivable | $71,496 | $1,121,605 | sec.gov |
| Short-term debt | $3,048,308 | $1,939,202 | sec.gov |
| Long-term debt | $8,108,853 | $5,080,794 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 8, 2025 | Progress update | $20,000 | $1,234,977 | April 30, 2025 | At the close of the offering, the issuer closed on $361,838.55 and 14,507 number of securities. | sec.gov |
| March 6, 2025 | Amendment | $20,000 | $1,234,977 | April 30, 2025 | Disclosed $601K in taxes w/ repayment plan. Updated cash from $427K to $151K. Disclosed unrelated Dir. litigation. Updated debt, rev, shares, valuation, voting %. Reduced min raise, updated use of proceeds. Added forward-looking stmt. Extended deadline. | sec.gov |
| March 3, 2025 | Progress update | $123,977 | $1,234,988 | March 10, 2025 | The issuer has raised over 100% ($204,186.65) of the offering target amount ($123,977.60). | sec.gov |
| December 26, 2024 | Progress update | $123,977 | $1,234,988 | March 10, 2025 | The issuer has raised over 50% ($69,697.38) of the offering target amount ($123,977.60). | sec.gov |
| December 5, 2024 | Offering | $123,977 | $1,234,988 | March 10, 2025 | sec.gov |
Updated May 8, 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.