Data / Crowdfunding / Oregon / Sol Boards, Inc.
Sol Boards, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $535,000 (2021)
Sol Boards, Inc., a corporation in Bend, OR, filed a Form C with the SEC on October 25, 2021 to raise $10,000 to $535,000 in Class B Non Voting Common Stock through StartEngine Capital, LLC. The offering closed on November 26, 2021. In its most recent fiscal year it reported $1,441,894 in revenue and a net loss of $426,479, with 10 employees.
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- Website
- www.golfboard.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 61239 TETHEROW DR. #211 SUITE 100, Bend, OR 97702
- Legal form
- Corporation
- Jurisdiction
- OR
- Incorporated
- March 6, 2013
- SEC CIK
- 0001573591
Offering terms
From the amendment filed October 25, 2021.
- Security
- Class B Non Voting Common Stock
- Price
- $1.25
- Target
- $10,000
- Maximum
- $535,000
- Deadline
- November 26, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed December 1, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,441,894 | $1,130,454 | sec.gov |
| Cost of goods sold | $684,137 | $678,587 | sec.gov |
| Net income | $-426,479 | $735,919 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $821,907 | $938,023 | sec.gov |
| Cash | $48,900 | $106,935 | sec.gov |
| Accounts receivable | $311,191 | $176,877 | sec.gov |
| Short-term debt | $471,623 | $518,506 | sec.gov |
| Long-term debt | $2,328,763 | $2,067,478 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 1, 2021 | Progress update | $10,000 | $535,000 | November 26, 2021 | At the close of the offering, the issuer closed on $302,331.17 and 267,882 number of securities. | sec.gov |
| October 25, 2021 | Amendment | $10,000 | $535,000 | November 26, 2021 | Issuer is extending their campaign | sec.gov |
| July 26, 2021 | Amendment | $10,000 | $535,000 | October 27, 2021 | Issuer extending their campaign for 90 days | sec.gov |
| April 30, 2021 | Amendment | $10,000 | $535,000 | July 29, 2021 | Issuer provided updated financials, extended their campaign duration, and increased offering maximum. | sec.gov |
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| February 16, 2021 | Amendment | $10,000 | $250,000 | April 30, 2021 | Issuer extended its campaign. | sec.gov |
| November 17, 2020 | Amendment | $10,000 | $250,000 | February 18, 2021 | Issuer extended its campaign. | sec.gov |
| August 21, 2020 | Offering | $10,000 | $250,000 | November 19, 2020 | sec.gov | |
| June 12, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| February 7, 2017 | Progress update | $50,000 | $1,000,000 | January 30, 2017 | Sol Board Inc offering has closed on $1,000,000 of investment | sec.gov |
| November 23, 2016 | Offering | $50,000 | $1,000,000 | January 30, 2017 | sec.gov |
Updated December 1, 2021. 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.