Data / Crowdfunding / New York / RaceYa, Inc.
RaceYa, Inc.: crowdfunding raise on OpenDeal Inc., $70,000 to $500,000 (2016)
RaceYa, Inc., a corporation in New York, NY, filed a Form C with the SEC on October 4, 2016 to raise $70,000 to $500,000 in SAFE (Simple Agreement for Future Equity) through OpenDeal Inc.. The offering closed on October 31, 2016. In its most recent fiscal year it reported $0 in revenue and a net loss of $22,073, with 1 employees.
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.raceya.com
- Funding portal
- OpenDeal Inc.
- Address
- 175 VARICK STREET, New York, NY 10014
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 7, 2014
- SEC CIK
- 0001647869
Offering terms
From the amendment filed October 4, 2016.
- Security
- SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $70,000
- Maximum
- $500,000
- Deadline
- October 31, 2016
- Portal compensation
- 5.0% of the amount raised
Financials
From the Form C-AR filed May 2, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $49,917 | sec.gov |
| Net income | $-22,073 | $51,179 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $164,378 | $22,199 | sec.gov |
| Cash | $82,323 | $22,199 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $5,605 | $0 | sec.gov |
| Long-term debt | $174,547 | $60,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| November 4, 2016 | Progress update | $70,000 | $500,000 | October 31, 2016 | RaceYa, Inc. raised a total of $88,119 during the offering period. Payments are still being processed. | sec.gov |
| October 4, 2016 | Amendment | $70,000 | $500,000 | October 31, 2016 | Extend Offering Deadline to October 31, 2016 and lower Target Amount to $70,000. | sec.gov |
| August 22, 2016 | Amendment | $100,000 | $500,000 | October 7, 2016 | Extend Offering Deadline to October 7, 2016. | sec.gov |
| July 19, 2016 | Amendment | $100,000 | $500,000 | September 1, 2016 | Upload transcript to video posted on funding portal. | sec.gov |
| July 18, 2016 | Offering | $100,000 | $500,000 | September 1, 2016 | sec.gov |
Updated May 2, 2017. 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.