Data / Crowdfunding / New York / Soil Connect Services, Inc.
Soil Connect Services, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2022)
Soil Connect Services, Inc., a corporation in Plainview, NY, filed a Form C with the SEC on March 2, 2022 to raise $25,000 to $1,070,000 in debt through SI SECURITIES, LLC. The offering closed on June 4, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $2,647,826, with 20 employees.
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- Website
- www.soilconnect.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 998C OLD COUNTRY ROAD, Plainview, NY 11803
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 28, 2019
- SEC CIK
- 0001830789
Offering terms
From the offering filed March 2, 2022.
- Security
- Debt
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- June 4, 2022
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-U filed June 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-2,647,826 | $-972,756 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,472,866 | $2,111,380 | sec.gov |
| Cash | $2,206,035 | $1,804,893 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $83,476 | $46,797 | sec.gov |
| Long-term debt | $2,858,364 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 2, 2022 | Progress update | $25,000 | $1,070,000 | June 4, 2022 | The issuer raised approximately $265,080 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| March 2, 2022 | Offering | $25,000 | $1,070,000 | June 4, 2022 | sec.gov |
Also on SpecStream
Updated June 2, 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.