Data / Crowdfunding / North Carolina / Project Transcend Inc.
Project Transcend Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,234,999 (2022)
Project Transcend Inc., a corporation in Raleigh, NC, filed a Form C with the SEC on December 9, 2022 to raise $10,000 to $1,234,999 in common stock through StartEngine Capital, LLC. The offering closed on February 7, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $297,332, with 4 employees.
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- Website
- www.projecttranscend.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 5432 WINDMILL LN, Raleigh, NC 27606
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 22, 2019
- SEC CIK
- 0001956951
Offering terms
From the offering filed December 9, 2022.
- Security
- Common Stock
- Price
- $1.32
- Target
- $10,000
- Maximum
- $1,234,999
- Deadline
- February 7, 2023
- Portal compensation
- up to 9% percent
Financials
From the Form C-U filed February 8, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-297,332 | $-78,893 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $54,825 | $37,382 | sec.gov |
| Cash | $54,825 | $37,382 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $66,936 | $2,161 | sec.gov |
| Long-term debt | $754,500 | $504,500 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 8, 2023 | Progress update | $10,000 | $1,234,999 | February 7, 2023 | At the close of the offering, the issuer closed on $52,035.69 and 50,538 number of securities. | sec.gov |
| December 9, 2022 | Offering | $10,000 | $1,234,999 | February 7, 2023 | sec.gov |
Updated February 8, 2023. 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.