Data / Crowdfunding / Nevada / Snowball Industries Inc
Snowball Industries Inc: crowdfunding raise on Equifund Crowd Funding Portal Inc., $20,000 to $5,000,000 (2023)
Snowball Industries Inc, a corporation in Las Vegas, NV, filed a Form C with the SEC on February 9, 2023 to raise $20,000 to $5,000,000 in common stock through Equifund Crowd Funding Portal Inc.. The offering closed on December 31, 2023. In its most recent fiscal year it reported $13,701,967 in revenue and $6,932,001 in net income, with 170 employees.
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- Website
- www.snowballinc.com
- Funding portal
- Equifund Crowd Funding Portal Inc.
- Address
- 4100 W. Flamingo Rd. #1455, Las Vegas, NV 89103
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 17, 2020
- SEC CIK
- 0001846851
Offering terms
From the offering filed February 9, 2023.
- Security
- Common Stock
- Price
- $0.27
- Target
- $20,000
- Maximum
- $5,000,000
- Deadline
- December 31, 2023
- Portal compensation
- The Intermediary will receive a commission equal to seven percent (7%) of the amount raised in the offering.
Financials
From the Form C filed February 9, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $13,701,967 | $654,249 | sec.gov |
| Cost of goods sold | $9,967,182 | $352,214 | sec.gov |
| Net income | $6,932,001 | $337,150 | sec.gov |
| Taxes paid | $296,527 | $79,247 | sec.gov |
| Total assets | $35,644,782 | $15,093,591 | sec.gov |
| Cash | $2,208,859 | $7,273,692 | sec.gov |
| Accounts receivable | $2,676,066 | $1,771,842 | sec.gov |
| Short-term debt | $4,308,281 | $3,581,810 | sec.gov |
| Long-term debt | $32,193,823 | $10,721,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 9, 2023 | Offering | $20,000 | $5,000,000 | December 31, 2023 | sec.gov |
Also on SpecStream
Updated February 9, 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.