Data / Crowdfunding / New Jersey / Satellite Displays Inc.
Satellite Displays Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,996 to $1,069,998 (2021)
Satellite Displays Inc., a corporation in Long Branch, NJ, filed a Form C with the SEC on November 18, 2021 to raise $9,996 to $1,069,998 in common stock through StartEngine Capital, LLC. The offering closed on March 29, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $308,217, with 1 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
- satellitedisplay.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 480 Ocean Avenue Unit 6K, Long Branch, NJ 07740
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 26, 2018
- SEC CIK
- 0001873457
Offering terms
From the amendment filed November 18, 2021.
- Security
- Common Stock
- Price
- $6.00
- Target
- $9,996
- Maximum
- $1,069,998
- Deadline
- March 29, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed April 25, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-308,217 | $-304,581 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $83,254 | $109,631 | sec.gov |
| Cash | $82,088 | $108,465 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $-1 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 26, 2022 | Progress update | $9,996 | $1,069,998 | March 29, 2022 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $309,756.42 and 57,418 number of securities. | sec.gov |
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 31, 2022 | Progress update | $9,996 | $1,069,998 | March 29, 2022 | At the close of the offering, the issuer closed on $279,613.08 and 52,341 number of securities. | sec.gov |
| November 18, 2021 | Amendment | $9,996 | $1,069,998 | March 29, 2022 | Issuer is lowering Minimum Investment | sec.gov |
| September 30, 2021 | Offering | $9,996 | $1,069,998 | March 29, 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.