Data / Crowdfunding / Delaware / Safety Arms Systems Corp.
Safety Arms Systems Corp.: crowdfunding raise on PicMii Crowdfunding LLC, $9,999 to $1,234,999 (2024)
Safety Arms Systems Corp., a corporation in Wildomar, DE, filed a Form C with the SEC on December 27, 2024 to raise $9,999 to $1,234,999 in preferred stock through PicMii Crowdfunding LLC. The offering closed on February 15, 2025. In its most recent fiscal year it reported $0 in revenue and a net loss of $57,611, with 3 employees.
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- Website
- www.safetyarmsusa.com
- Funding portal
- PicMii Crowdfunding LLC
- Address
- 21457 PUMICE LN, Wildomar, DE 92595
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 11, 2024
- SEC CIK
- 0002006836
Offering terms
From the amendment filed December 27, 2024.
- Security
- Preferred Stock
- Price
- $0.68
- Target
- $9,999
- Maximum
- $1,234,999
- Deadline
- February 15, 2025
- Portal compensation
- Intermediary will receive 5.9% of the total raised amount as well as 2% of the funds raised in the form of equity.
Financials
From the Form C/A filed December 27, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-57,611 | $-38,573 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $28,273 | $176 | sec.gov |
| Cash | $176 | $28,273 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 27, 2024 | Amendment | $9,999 | $1,234,999 | February 15, 2025 | Extending Safety Arms System's campaign to 2/15/25. | sec.gov |
| July 31, 2024 | Amendment | $9,999 | $1,234,999 | October 31, 2024 | Extending Safety Arms System's campaign to 10/31/24. | sec.gov |
| March 14, 2024 | Amendment | $9,999 | $1,234,999 | July 31, 2024 | Correcting the Incorporation state. | sec.gov |
| March 14, 2024 | Offering | $9,999 | $1,234,999 | July 31, 2024 | sec.gov |
Updated December 27, 2024. 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.