Data / Crowdfunding / California / SPARE CS, Inc.
SPARE CS, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $99,999 (2017)
SPARE CS, Inc., a corporation in Valley Village, CA, filed a Form C with the SEC on July 24, 2017 to raise $9,999 to $99,999 in common stock through StartEngine Capital, LLC. The offering closed on September 22, 2017. In its most recent fiscal year it reported $15,277 in revenue and a net loss of $268,700, with 9 employees.
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- Website
- www.gotspare.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 12000 RIVERSIDE DR., Valley Village, CA 91607
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 10, 2015
- SEC CIK
- 0001701373
Offering terms
From the offering filed July 24, 2017.
- Security
- Common Stock
- Price
- $0.65
- Target
- $9,999
- Maximum
- $99,999
- Deadline
- September 22, 2017
- Portal compensation
- 6 percent
Financials
From the Form C-U filed September 26, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $15,277 | $701 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-268,700 | $-921 | sec.gov |
| Taxes paid | $400 | $400 | sec.gov |
| Total assets | $2,611 | $602 | sec.gov |
| Cash | $2,611 | $602 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $250,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 26, 2017 | Progress update | $9,999 | $99,999 | September 22, 2017 | At the close of the offering, the issuer sold 17,826 shares for $11,586.90. | sec.gov |
| July 24, 2017 | Offering | $9,999 | $99,999 | September 22, 2017 | sec.gov |
Updated September 26, 2017. 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.