Data / Crowdfunding / California / SkyHi Travel, Inc.
SkyHi Travel, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2020)
SkyHi Travel, Inc., a corporation in Apple Valley, CA, filed a Form C with the SEC on January 8, 2020 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on February 29, 2020. In its most recent fiscal year it reported $382,106 in revenue and a net loss of $412,658, with 4 employees.
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- Website
- flyskyhi.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 13614 SUNSET DRIVE, Apple Valley, CA 92308
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 1, 2016
- SEC CIK
- 0001783004
Offering terms
From the amendment filed January 8, 2020.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- February 29, 2020
- Portal compensation
- 6% of the amount raised in the Offering.
Financials
From the Form C-AR filed May 19, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $382,106 | $256,648 | sec.gov |
| Cost of goods sold | $410,510 | $366,437 | sec.gov |
| Net income | $-412,658 | $-528,733 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $46,814 | $31,535 | sec.gov |
| Cash | $46,814 | $31,535 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $66,022 | $22,414 | sec.gov |
| Long-term debt | $1,361,930 | $977,602 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 19, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 19, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| March 2, 2020 | Progress update | $25,000 | $1,070,000 | February 29, 2020 | The Offering closed successfully on February 29, 2020, having received investment commitments of $291,156, although a final accounting has not taken place. | sec.gov |
| January 8, 2020 | Amendment | $25,000 | $1,070,000 | February 29, 2020 | The Company is extending the offering deadline and has done an intermediary close. | sec.gov |
| October 29, 2019 | Offering | $25,000 | $1,070,000 | January 30, 2020 | sec.gov |
Updated May 19, 2020. 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.