Data / Crowdfunding / Idaho / Splash Wines, Inc
Splash Wines, Inc: crowdfunding raise on StartEngine Capital, LLC, $14,999 to $2,999,999 (2023)
Splash Wines, Inc, a corporation in Eagle, ID, filed a Form C with the SEC on September 7, 2023 to raise $14,999 to $2,999,999 in common stock through StartEngine Capital, LLC. The offering closed on October 30, 2023. In its most recent fiscal year it reported $29,579,543 in revenue and $396,210 in net income, with 20 employees.
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- Website
- www.splashwines.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 52 N PALMETTO AVENUE, SUITE #106 SUITE 100, Eagle, ID 83616
- Legal form
- Corporation
- Jurisdiction
- ID
- Incorporated
- October 2, 2014
- SEC CIK
- 0001682510
Offering terms
From the amendment filed September 7, 2023.
- Security
- Common Stock
- Price
- $1.87
- Target
- $14,999
- Maximum
- $2,999,999
- Deadline
- October 30, 2023
- Portal compensation
- Up to 9% percent
Financials
From the Form C-U filed November 7, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $29,579,543 | $42,552,927 | sec.gov |
| Cost of goods sold | $25,085,839 | $37,947,745 | sec.gov |
| Net income | $396,210 | $840,137 | sec.gov |
| Taxes paid | $163,303 | $81,074 | sec.gov |
| Total assets | $8,900,545 | $7,865,252 | sec.gov |
| Cash | $372,302 | $391,464 | sec.gov |
| Accounts receivable | $695,626 | $30,266 | sec.gov |
| Short-term debt | $6,796,430 | $6,379,557 | sec.gov |
| Long-term debt | $226,605 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 7, 2023 | Progress update | $14,999 | $2,999,999 | October 30, 2023 | At the close of the offering, the issuer closed on $799,050.48 and 445,068 number of securities. | sec.gov |
| September 7, 2023 | Amendment | $14,999 | $2,999,999 | October 30, 2023 | Issuer is increasing their offering maximum, updating their financials, and extending campaign end date | sec.gov |
| June 22, 2023 | Offering | $14,999 | $617,995 | September 21, 2023 | sec.gov | |
| June 21, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| June 21, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| June 5, 2018 | Progress update | $25,000 | $1,070,000 | May 18, 2018 | The issuer raised approximately $434,133.00 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| March 15, 2018 | Amendment | $25,000 | $1,070,000 | May 18, 2018 | Updating the offering end date and the number of shares authorized. | sec.gov |
| March 9, 2018 | Offering | $25,000 | $1,070,000 | May 11, 2018 | sec.gov |
Updated November 7, 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.