Data / Crowdfunding / Missouri / Shift, LLC
Shift, LLC: crowdfunding raise on VAS Portal, LLC, $250,000 to $618,000 (2023)
Shift, LLC, a limited liability company in Fresno, MO, filed a Form C with the SEC on October 26, 2023 to raise $250,000 to $618,000 in debt through VAS Portal, LLC. The offering closed on November 16, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $142,672, with 1 employees.
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- Website
- www.angel.com/watch/the-shift
- Funding portal
- VAS Portal, LLC
- Address
- 3101 N. FILBERT AVE., Fresno, MO 93727
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- October 18, 2018
- SEC CIK
- 0001779469
Offering terms
From the offering filed October 26, 2023.
- Security
- Debt
- Target
- $250,000
- Maximum
- $618,000
- Deadline
- November 16, 2023
- Portal compensation
- 6% of the successful amount raised in cash, plus reimbursements for any out-of-pocket expenses incurred by the portal with third-party service providers in connection with the offering.
Financials
From the Form C-AR filed July 2, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $578,629 | sec.gov |
| Net income | $-142,672 | $-720,737 | sec.gov |
| Taxes paid | $800 | $800 | sec.gov |
| Total assets | $1,841,240 | $1,993,112 | sec.gov |
| Cash | $437 | $915 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $3,575 | $621,575 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 6, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| July 2, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| June 30, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| June 30, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| December 5, 2023 | Progress update | $250,000 | $618,000 | November 16, 2023 | The offering ended with $618,000 in investments. | sec.gov |
| October 26, 2023 | Offering | $250,000 | $618,000 | November 16, 2023 | sec.gov | |
| October 24, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 12, 2023 | Progress update | $500,000 | $3,985,011 | October 19, 2022 | The total sold in this offering was $1,452,138. | sec.gov |
| September 20, 2022 | Amendment | $500,000 | $3,985,011 | October 19, 2022 | Including Audited Financial Statements that were not attached to offering documents | sec.gov |
| September 19, 2022 | Offering | $500,000 | $3,985,011 | October 19, 2022 | sec.gov | |
| September 8, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 15, 2022 | Progress update | $250,000 | $4,425,234 | November 23, 2021 | Offering ended on 11-23-2021. This is the update for how much ended up in the closed offering. We have reconciled all accounting for offering. We have raised $1,014,987.00 and sold 338,329 units in the offering. | sec.gov |
| October 29, 2021 | Offering | $250,000 | $4,425,234 | November 23, 2021 | sec.gov | |
| October 29, 2021 | Progress update | $347,154 | $1,070,000 | April 29, 2021 | Closing update to disclose amount invested - amount invested was $574,764 with one additional possible future change for up to $252 due to a chargeback being resolved that occurred after closing. | sec.gov |
| October 28, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| March 18, 2021 | Offering | $347,154 | $1,070,000 | April 29, 2021 | sec.gov | |
| February 10, 2021 | Progress update | $300,000 | $900,000 | February 1, 2021 | Update filing for termination of offering. No investments were sold in this offering. | sec.gov |
| October 6, 2020 | Progress update | $92,500 | $1,070,000 | September 30, 2020 | Initial closed updated for a successfully closed offering. | sec.gov |
| October 1, 2020 | Offering | $300,000 | $900,000 | February 1, 2021 | sec.gov | |
| June 24, 2020 | Amendment | $92,500 | $1,070,000 | September 30, 2020 | This amendment is to extend the duration of the offering (with the reasoning for extending). It also includes a reduction in the minimum target (with the reason for the reduction and the use of those funds). | sec.gov |
| July 9, 2019 | Amendment | $800,000 | $1,070,000 | June 24, 2020 | Extension of time and further description of business plan. | sec.gov |
| June 25, 2019 | Offering | $800,000 | $1,070,000 | March 14, 2020 | sec.gov |
Updated July 6, 2026. 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.