Data / Crowdfunding / California / RYSE USA INC.
RYSE USA INC.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2021)
RYSE USA INC., a corporation in Sacramento, CA, filed a Form C with the SEC on November 30, 2021 to raise $50,000 to $1,070,000 in debt through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $1,041,857 in revenue and $21,828 in net income, with 18 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.helloryse.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1401 21ST STREET SUITE 5216, Sacramento, CA 95811
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 6, 2017
- SEC CIK
- 0001887658
Offering terms
From the offering filed November 30, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed April 25, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,041,857 | $1,344,392 | sec.gov |
| Cost of goods sold | $262,831 | $718,492 | sec.gov |
| Net income | $21,828 | $52,938 | sec.gov |
| Taxes paid | $1,662 | $1,662 | sec.gov |
| Total assets | $569,666 | $753,940 | sec.gov |
| Cash | $42,153 | $0 | sec.gov |
| Accounts receivable | $24,770 | $51,619 | sec.gov |
| Short-term debt | $1,291,456 | $202,431 | sec.gov |
| Long-term debt | $339,947 | $178,354 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| November 30, 2021 | Offering | $50,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated April 25, 2023. 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.