Data / Crowdfunding / California / Quim Rock, Inc.
Quim Rock, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2020)
Quim Rock, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on December 15, 2020 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 22, 2021. In its most recent fiscal year it reported $45,234 in revenue and a net loss of $23,477.
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- Website
- itsquim.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 734 15TH AVE, San Francisco, CA 94118
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- October 5, 2016
- SEC CIK
- 0001821386
Offering terms
From the amendment filed December 15, 2020.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- January 22, 2021
- Portal compensation
- The issuer shall pay to the Intermediary at the conclusion of the Offering a fee of six percent (6%) of the amount raised in the offering.
Financials
From the Form C-AR filed April 26, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $45,234 | $113,158 | sec.gov |
| Cost of goods sold | $17,894 | $277,350 | sec.gov |
| Net income | $-23,477 | $-263,881 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $488,486 | $515,573 | sec.gov |
| Cash | $120,535 | $14,914 | sec.gov |
| Accounts receivable | $11,448 | $0 | sec.gov |
| Short-term debt | $1,273,703 | $1,277,313 | sec.gov |
| Long-term debt | $164,566 | $164,566 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 26, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 26, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| January 25, 2021 | Progress update | $25,000 | $1,070,000 | January 22, 2021 | The Offering closed successfully on 01/23/2021, having received investment commitments of $318,289.00 although a final accounting has not taken place. | sec.gov |
| December 15, 2020 | Amendment | $25,000 | $1,070,000 | January 22, 2021 | Company is extending its campaign until January 22, 2021 | sec.gov |
| September 15, 2020 | Offering | $25,000 | $1,070,000 | December 18, 2020 | sec.gov |
Updated April 29, 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.