Data / Crowdfunding / Sports News Corp.
Sports News Corp.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2022)
Sports News Corp., a company, filed a Form C with the SEC on January 21, 2022 to raise $25,000 to $1,070,000 in debt through SI SECURITIES, LLC. The offering closed on April 16, 2022. In its most recent fiscal year it reported $121,579 in revenue and a net loss of $817,052, with 30 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.basketballnews.com
- Funding portal
- SI SECURITIES, LLC
- SEC CIK
- 0001898300
Offering terms
From the offering filed January 21, 2022.
- Security
- Debt
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 16, 2022
- Portal compensation
- 7.5% of the amount raised.
Financials
From the Form C filed January 21, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $121,579 | $0 | sec.gov |
| Cost of goods sold | $379 | $0 | sec.gov |
| Net income | $-817,052 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $306,616 | $0 | sec.gov |
| Cash | $83,873 | $0 | sec.gov |
| Accounts receivable | $17,500 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 29, 2022 | Withdrawal | Not listed | Not listed | sec.gov | ||
| January 21, 2022 | Offering | $25,000 | $1,070,000 | April 16, 2022 | sec.gov |
Updated March 29, 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.