Data / Crowdfunding / Florida / Solar Direct LLC
Solar Direct LLC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $107,000 (2018)
Solar Direct LLC, a limited liability company in Sarasota, FL, filed a Form C with the SEC on November 15, 2018 to raise $10,000 to $107,000 in common stock through StartEngine Capital, LLC. The offering closed on January 15, 2019. In its most recent fiscal year it reported $2,275,571 in revenue and $150,187 in net income, with 15 employees.
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- Website
- www.SolarDirect.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 6935 15TH ST E 120, Sarasota, FL 34243
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- November 26, 1985
- SEC CIK
- 0001724646
Offering terms
From the amendment filed November 15, 2018.
- Security
- Common Stock
- Price
- $0.50
- Target
- $10,000
- Maximum
- $107,000
- Deadline
- January 15, 2019
- Portal compensation
- 6 percent
Financials
From the Form C-U filed October 11, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,275,571 | $3,178,983 | sec.gov |
| Cost of goods sold | $1,296,854 | $2,176,259 | sec.gov |
| Net income | $150,187 | $-11,007 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,054,108 | $653,811 | sec.gov |
| Cash | $269,010 | $-1,925 | sec.gov |
| Accounts receivable | $86,258 | $83,123 | sec.gov |
| Short-term debt | $976,372 | $1,062,047 | sec.gov |
| Long-term debt | $58,415 | $217,447 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 11, 2022 | Progress update | $10,000 | $107,000 | January 15, 2019 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $56,116.50 and 112,613 number of securities. | sec.gov |
| January 22, 2019 | Progress update | $10,000 | $107,000 | January 15, 2019 | At the close of the offering, the issuer closed on $58,292.5 and 116,965 number of securities. | sec.gov |
| November 15, 2018 | Amendment | $10,000 | $107,000 | January 15, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| September 18, 2018 | Amendment | $10,000 | $107,000 | November 16, 2018 | Issuer is extending their campaign. | sec.gov |
| July 18, 2018 | Amendment | $10,000 | $107,000 | September 17, 2018 | Issuer is extending their campaign. | sec.gov |
| May 18, 2018 | Amendment | $10,000 | $107,000 | July 17, 2018 | Issuer is extending their campaign. | sec.gov |
| March 16, 2018 | Amendment | $10,000 | $107,000 | May 21, 2018 | Issuer is extending their campaign. | sec.gov |
| December 20, 2017 | Amendment | $10,000 | $107,000 | March 19, 2018 | Clarification of bonus perk. | sec.gov |
| December 19, 2017 | Offering | $10,000 | $107,000 | March 19, 2018 | sec.gov |
Updated October 11, 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.