Data / Crowdfunding / California / SEPARATE.US
SEPARATE.US: crowdfunding raise on SI SECURITIES, LLC, $100,000 to $500,000 (2017)
SEPARATE.US, a corporation in Oakland, CA, filed a Form C with the SEC on April 28, 2017 to raise $100,000 to $500,000 in debt through SI SECURITIES, LLC. The offering closed on June 26, 2017. In its most recent fiscal year it reported $9,876 in revenue and a net loss of $144,761, with 6 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.seperate.us.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 4096 PIEDMONT AVENUE #325, Oakland, CA 94611
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 29, 2014
- SEC CIK
- 0001697699
Offering terms
From the amendment filed April 28, 2017.
- Security
- Debt
- Price
- $1.00
- Target
- $100,000
- Maximum
- $500,000
- Deadline
- June 26, 2017
- Portal compensation
- SI Securities, LLC will receive a 5% cash commission and 5% convertible note commission on all sales through the broker-dealer (e.g., $5,000 cash and $5,000 convertible note on a raise of $100,000)
Financials
From the Form C/A filed April 28, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $9,876 | $396 | sec.gov |
| Cost of goods sold | $-3,609 | $-79 | sec.gov |
| Net income | $-144,761 | $-20,662 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $10,675 | $3,322 | sec.gov |
| Cash | $10,675 | $3,322 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $158,687 | $6,528 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2017 | Amendment | $100,000 | $500,000 | June 26, 2017 | To extend the closing date and modify the over subscription amount. | sec.gov |
| March 14, 2017 | Offering | $100,000 | $600,000 | May 27, 2017 | sec.gov |
Updated April 28, 2017. 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.