Data / Crowdfunding / California / SAM of USA Corp.
SAM of USA Corp.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2022)
SAM of USA Corp., a corporation in Ontario, CA, filed a Form C with the SEC on April 1, 2022 to raise $10,000 to $1,070,000 in Class B through StartEngine Capital, LLC. The offering closed on April 4, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $225, with 4 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.sam-of-usa.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 3200 GUASTI RD SUITE 100 SUITE 100, Ontario, CA 91761
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- December 14, 2017
- SEC CIK
- 0001901918
Offering terms
From the amendment filed April 1, 2022.
- Security
- Class B
- Price
- $5.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- April 4, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed June 3, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-225 | $-225 | sec.gov |
| Taxes paid | $225 | $225 | sec.gov |
| Total assets | $448 | $225 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $898 | $450 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 3, 2022 | Progress update | $10,000 | $1,070,000 | April 4, 2022 | At the close of the offering, the issuer closed on $21,114.02 and 4,588 number of securities. | sec.gov |
| April 1, 2022 | Amendment | $10,000 | $1,070,000 | April 4, 2022 | The issuer is extending their campaign to 4/30/2022. | sec.gov |
| January 4, 2022 | Amendment | $10,000 | $1,070,000 | April 4, 2022 | Discount on SAM vehicle updated to 10% vs 5% for tier 2 perk and security name updated to Class B common stock vs Class B | sec.gov |
| January 3, 2022 | Amendment | $10,000 | $1,070,000 | April 4, 2022 | Discount on SAM vehicle updated to 15% in Perk Tier 3 | sec.gov |
| January 3, 2022 | Offering | $10,000 | $1,070,000 | April 4, 2022 | sec.gov |
Updated June 3, 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.