Data / Crowdfunding / California / Simply Country, Inc.
Simply Country, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2022)
Simply Country, Inc., a corporation in Grass Valley, CA, filed a Form C with the SEC on March 3, 2022 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $2,099,477 in revenue and a net loss of $380,510, 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
- area13ebikes.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 13120 JOHN BAUER AVE., Grass Valley, CA 95945
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- May 12, 2011
- SEC CIK
- 0001914931
Offering terms
From the offering filed March 3, 2022.
- Security
- Common Stock
- Price
- $5.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed April 28, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,099,477 | $3,173,096 | sec.gov |
| Cost of goods sold | $1,688,989 | $2,193,504 | sec.gov |
| Net income | $-380,510 | $58,144 | sec.gov |
| Taxes paid | $27,744 | $60,785 | sec.gov |
| Total assets | $1,436,425 | $1,277,120 | sec.gov |
| Cash | $29,064 | $24,179 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,071,396 | $508,952 | sec.gov |
| Long-term debt | $151,744 | $161,731 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 6, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| July 21, 2022 | Progress update | $10,000 | $1,070,000 | April 30, 2022 | Adjustment to the initial Form C-U filing of 05/03/2022. At the close of the offering, the issuer closed on $215,902.16 and 49,959 number of securities. | sec.gov |
| May 3, 2022 | Progress update | $10,000 | $1,070,000 | April 30, 2022 | At the close of the offering, the issuer closed on $153,723.57 and 35,839 number of securities. | sec.gov |
| March 3, 2022 | Offering | $10,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated September 6, 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.