Data / Crowdfunding / Georgia / Rap Plug Inc.
Rap Plug Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $999,998 (2021)
Rap Plug Inc., a corporation in Mableton, GA, filed a Form C with the SEC on September 24, 2021 to raise $9,999 to $999,998 in common stock through StartEngine Capital, LLC. The offering closed on March 23, 2022. In its most recent fiscal year it reported $51,292 in revenue and a net loss of $310,449, with 5 employees.
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- Website
- rappluglive.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1103 SILVERGATE LANE, Mableton, GA 30126
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 5, 2018
- SEC CIK
- 0001883334
Offering terms
From the offering filed September 24, 2021.
- Security
- Common Stock
- Price
- $2.27
- Target
- $9,999
- Maximum
- $999,998
- Deadline
- March 23, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed September 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $51,292 | $73,332 | sec.gov |
| Cost of goods sold | $18,425 | $36,363 | sec.gov |
| Net income | $-310,449 | $-287,969 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $4,558 | $47,108 | sec.gov |
| Cash | $4,558 | $47,108 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $12,500 | sec.gov |
| Long-term debt | $130,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 29, 2022 | Progress update | $9,999 | $999,998 | March 23, 2022 | At the close of the offering, the issuer closed on $92,812.87 and 41,207 number of securities. | sec.gov |
| March 24, 2022 | Progress update | $9,999 | $999,998 | March 23, 2022 | At the close of the offering, the issuer closed on $60,326.95 and 26,942 number of securities. | sec.gov |
| September 24, 2021 | Offering | $9,999 | $999,998 | March 23, 2022 | sec.gov |
Updated September 29, 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.