Data / Crowdfunding / Tennessee / Shockwave Motors Inc.
Shockwave Motors Inc.: crowdfunding raise on Title3Funds.com, $10,000 to $1,237,000 (2024)
Shockwave Motors Inc., a corporation in Russellville, TN, filed a Form C with the SEC on August 29, 2024 to raise $10,000 to $1,237,000 in preferred stock through Title3Funds.com. The offering closed on August 25, 2025. In its most recent fiscal year it reported $0 in revenue and a net loss of $6,551, with 3 employees.
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- Website
- Shockwavemotors.com
- Funding portal
- Title3Funds.com
- Address
- 5840 Brights Pike, Russellville, TN 37860
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 10, 2014
- SEC CIK
- 0001793576
Offering terms
From the amendment filed August 29, 2024.
- Security
- Preferred Stock
- Price
- $53.50
- Target
- $10,000
- Maximum
- $1,237,000
- Deadline
- August 25, 2025
- Portal compensation
- 7.0% of the amount raised in the Offering
Financials
From the Form C/A filed August 29, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-6,551 | $-16,461 | sec.gov |
| Taxes paid | $0 | $30 | sec.gov |
| Total assets | $1,560 | $8,111 | sec.gov |
| Cash | $1,560 | $8,111 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 29, 2024 | Amendment | $10,000 | $1,237,000 | August 25, 2025 | Deadline date extension, updated logo, additions of ?, and removal of Tesla in competition. | sec.gov |
| August 29, 2024 | Amendment | $10,000 | $1,237,000 | August 25, 2025 | This includes the deadline date extension, updated logo, additions of ?, and removal of Tesla in competition. | sec.gov |
| June 10, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| October 19, 2023 | Amendment | $10,000 | $1,237,000 | August 25, 2024 | Changing the perks. | sec.gov |
| August 30, 2023 | Offering | $10,000 | $1,237,000 | August 25, 2024 | sec.gov | |
| February 21, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| November 30, 2020 | Progress update | $10,004 | $107,000 | November 20, 2020 | End of offering. Issuer closed its offering with estimated gross proceeds of $35,096. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| October 28, 2020 | Amendment | $10,004 | $107,000 | November 20, 2020 | the issuer extended the offering date. | sec.gov |
| September 22, 2020 | Amendment | $10,004 | $107,000 | October 28, 2020 | the issuer extended the offering date. | sec.gov |
| August 25, 2020 | Amendment | $10,004 | $107,000 | September 24, 2020 | issuer extended the offering date. | sec.gov |
| June 22, 2020 | Amendment | $10,004 | $107,000 | August 25, 2020 | issuer extended the offering date. | sec.gov |
| May 26, 2020 | Amendment | $10,004 | $107,000 | June 26, 2020 | issuer made minor changes to their offering page. | sec.gov |
| April 27, 2020 | Amendment | $10,004 | $107,000 | June 26, 2020 | issuer updated the financial statements and financial condition with 2019 data so they could stay "live" past april 30th, 2020.issuer extended the offering date. | sec.gov |
| February 18, 2020 | Amendment | $10,004 | $107,000 | April 28, 2020 | issuer extended offering. | sec.gov |
| January 10, 2020 | Offering | $10,004 | $107,000 | February 25, 2020 | sec.gov |
Updated August 29, 2024. 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.