Data / Crowdfunding / Massachusetts / Recycline, Inc.
Recycline, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,993 to $1,234,991 (2023)
Recycline, Inc., a corporation in Waltham, MA, filed a Form C with the SEC on April 6, 2023 to raise $14,993 to $1,234,991 in common stock through StartEngine Capital, LLC. The offering closed on June 25, 2023. In its most recent fiscal year it reported $8,366,682 in revenue and a net loss of $403,565, with 8 employees.
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- Website
- www.preserve.eco
- Funding portal
- StartEngine Capital, LLC
- Address
- 657 Main Street, Waltham, MA 02451
- Legal form
- Corporation
- Jurisdiction
- MA
- Incorporated
- January 22, 1996
- SEC CIK
- 0001292625
Offering terms
From the amendment filed April 6, 2023.
- Security
- Common Stock
- Price
- $8.18
- Target
- $14,993
- Maximum
- $1,234,991
- Deadline
- June 25, 2023
- Portal compensation
- up to 9% percent
Financials
From the Form C-AR filed April 9, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $8,366,682 | $8,968,078 | sec.gov |
| Cost of goods sold | $5,943,356 | $6,442,659 | sec.gov |
| Net income | $-403,565 | $-459,083 | sec.gov |
| Taxes paid | $2,433 | $3,042 | sec.gov |
| Total assets | $2,782,749 | $3,848,767 | sec.gov |
| Cash | $48,332 | $93,530 | sec.gov |
| Accounts receivable | $451,677 | $1,015,366 | sec.gov |
| Short-term debt | $1,868,883 | $1,905,449 | sec.gov |
| Long-term debt | $2,327,430 | $2,465,632 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 9, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| October 4, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| June 27, 2023 | Progress update | $14,993 | $1,234,991 | June 25, 2023 | At the close of the offering, the issuer closed on $112,754.16 and 14,861 number of securities. | sec.gov |
| April 24, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 6, 2023 | Amendment | $14,993 | $1,234,991 | June 25, 2023 | Clerical update in risk factors | sec.gov |
| March 27, 2023 | Offering | $14,993 | $1,234,991 | June 25, 2023 | sec.gov |
Updated April 9, 2025. 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.