Data / Crowdfunding / California / SEC Upload
SEC Upload: crowdfunding raise on SI SECURITIES, LLC, $100,000 to $1,000,000 (2017)
SEC Upload, a corporation in Oakland, CA, filed a Form C with the SEC on March 28, 2017 to raise $100,000 to $1,000,000 in debt through SI SECURITIES, LLC. The offering closed on June 26, 2017. In its most recent fiscal year it reported $8,041 in revenue and $487,102 in net income, with 2 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
- lendsnap.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 2880 Helen St, Oakland, CA 94608
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 4, 2014
- SEC CIK
- 0001700829
Offering terms
From the offering filed March 28, 2017.
- Security
- Debt
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- June 26, 2017
- Portal compensation
- SI Securities, LLC will receive a 7.5% cash commission and 5% convertible note commission on all sales through the broker-dealer (e.g., $7,500 cash and $5,000 convertible note on a raise of $100,000)
Financials
From the Form C-AR filed April 30, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $8,041 | $59,555 | sec.gov |
| Cost of goods sold | $29,280 | $28,894 | sec.gov |
| Net income | $487,102 | $565,142 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $6,496 | $411,397 | sec.gov |
| Cash | $6,496 | $409,062 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,586,299 | $1,504,084 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| June 28, 2017 | Progress update | $100,000 | $1,000,000 | June 26, 2017 | $735,425 is our best estimate for the total amount of securities that will be sold | sec.gov |
| March 28, 2017 | Offering | $100,000 | $1,000,000 | June 26, 2017 | sec.gov |
Updated April 30, 2019. 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.