Data / Crowdfunding / Massachusetts / RacerX, Inc
RacerX, Inc: crowdfunding raise on TycoonoInvest Portal LLC, $10,000 to $605,000 (2021)
RacerX, Inc, a corporation in Canton, MA, filed a Form C with the SEC on July 26, 2021 to raise $10,000 to $605,000 in common stock through TycoonoInvest Portal LLC. The offering closed on December 31, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $51,179.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.racerxinc.net
- Funding portal
- TycoonoInvest Portal LLC
- Address
- 55 KNOB HILL CIRCLE, Canton, MA 02021
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 26, 2016
- SEC CIK
- 0001872560
Offering terms
From the offering filed July 26, 2021.
- Security
- Common Stock
- Price
- $0.52
- Target
- $10,000
- Maximum
- $605,000
- Deadline
- December 31, 2021
- Portal compensation
- 5.00% of the amount raised
Financials
From the Form C-AR filed April 20, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-51,179 | $-31,809 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $96,315 | $93,272 | sec.gov |
| Cash | $9,118 | $1,238 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $113,944 | $73,944 | sec.gov |
| Long-term debt | $135,000 | $135,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 20, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| September 13, 2021 | Progress update | $10,000 | $605,000 | December 31, 2021 | Issuer has achieved 100% of target offering amount of $10,000. | sec.gov |
| July 26, 2021 | Offering | $10,000 | $605,000 | December 31, 2021 | sec.gov |
Updated April 25, 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.