Data / Crowdfunding / California / SmartFoam, Inc.
SmartFoam, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,994 to $534,983 (2021)
SmartFoam, Inc., a corporation in Carlsbad, CA, filed a Form C with the SEC on November 18, 2021 to raise $9,994 to $534,983 in Non-Voting Common through StartEngine Capital, LLC. The offering closed on February 16, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $790,331, with 8 employees.
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- Website
- www.smartfoam.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1930 KELLOGG AVENUE, Carlsbad, CA 92008
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- February 5, 2016
- SEC CIK
- 0001894511
Offering terms
From the offering filed November 18, 2021.
- Security
- Non-Voting Common
- Price
- $8.98
- Target
- $9,994
- Maximum
- $534,983
- Deadline
- February 16, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed September 20, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-790,331 | $-2,625,770 | sec.gov |
| Taxes paid | $800 | $800 | sec.gov |
| Total assets | $81,738 | $209,525 | sec.gov |
| Cash | $245 | $84,706 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,036,520 | $2,445,086 | sec.gov |
| Long-term debt | $26,599 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 20, 2022 | Progress update | $9,994 | $534,983 | February 16, 2022 | At the close of the offering, the issuer closed on $29,063.29 and 3,301 shares of common stock. | sec.gov |
| May 6, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 18, 2022 | Progress update | $9,994 | $534,983 | February 16, 2022 | At the close of the offering, the issuer closed on $28,319.74 and 3,214 shares of common stock. | sec.gov |
| November 18, 2021 | Offering | $9,994 | $534,983 | February 16, 2022 | sec.gov |
Updated September 20, 2022. 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.