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Data / Crowdfunding / California / StackRack Inc.

StackRack Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,235,000 (2024)

StackRack Inc., a corporation in Corona, CA, filed a Form C with the SEC on February 27, 2024 to raise $10,000 to $1,235,000 in common stock through NetCapital Funding Portal Inc.. The offering closed on March 29, 2024. In its most recent fiscal year it reported $91,878 in revenue and a net loss of $34,986.

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.stackrackbattery.com
Funding portal
NetCapital Funding Portal Inc.
Address
1175 California Ave. #101, Corona, CA 92881
Legal form
Corporation
Jurisdiction
DE
Incorporated
June 23, 2022
SEC CIK
0002002626

Offering terms

From the amendment filed February 27, 2024.

Security
Common Stock
Price
$4.00
Target
$10,000
Maximum
$1,235,000
Deadline
March 29, 2024
Portal compensation
Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000

Financials

From the Form C/A filed February 27, 2024.

Most recent fiscal yearPrior fiscal yearSource
Revenue$91,878$0sec.gov
Cost of goods sold$61,032$0sec.gov
Net income$-34,986$0sec.gov
Taxes paid$0$0sec.gov
Total assets$381,874$0sec.gov
Cash$79,388$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$0$0sec.gov
Long-term debt$123,919$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
February 27, 2024Amendment$10,000$1,235,000March 29, 2024changed investment minimum amount.sec.gov
January 30, 2024Offering$10,000$1,235,000March 29, 2024sec.gov

All filings on sec.gov

Updated February 27, 2024. 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.