Data / Crowdfunding / California / Power To The World Corp
Power To The World Corp: crowdfunding raise on Raise Green, Inc., $10,000 to $390,000 (2023)
Power To The World Corp, a corporation in San Rafael, CA, filed a Form C with the SEC on December 5, 2023 to raise $10,000 to $390,000 in SAFE through Raise Green, Inc.. The offering closed on March 1, 2024. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 1 employees.
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- Website
- powertotheworld.org
- Funding portal
- Raise Green, Inc.
- Address
- 218 C STREET, San Rafael, CA 94901
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- June 5, 2023
- SEC CIK
- 0001989330
Offering terms
From the amendment filed December 5, 2023.
- Security
- SAFE
- Price
- $1.00
- Target
- $10,000
- Maximum
- $390,000
- Deadline
- March 1, 2024
- Portal compensation
- 7% of the final funds raised plus a $1000 launch fee and a $1600 - $1800 transaction processing fee.
Financials
From the Form C-U filed March 8, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $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 |
|---|---|---|---|---|---|---|
| March 8, 2024 | Progress update | $10,000 | $390,000 | March 1, 2024 | The raise failed to meet its minimum target offering amount and thus was canceled. Investors have been notified and funds are in the process of being repaid. | sec.gov |
| December 5, 2023 | Amendment | $10,000 | $390,000 | March 1, 2024 | Non-material amendment -- to upload the signed version of the Form C. | sec.gov |
| December 5, 2023 | Offering | $10,000 | $390,000 | March 1, 2024 | sec.gov |
Updated March 8, 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.