Data / Crowdfunding / California / STARTENGINE CROWDFUNDING, INC.
STARTENGINE CROWDFUNDING, INC.: crowdfunding raise on truCrowd, $10,000 to $370,170 (2020)
STARTENGINE CROWDFUNDING, INC., a corporation in Burbank, CA, filed a Form C with the SEC on May 19, 2020 to raise $10,000 to $370,170 in common stock through truCrowd. The offering closed on April 30, 2021. In its most recent fiscal year it reported $29,078,030 in revenue and a net loss of $1,066,429, with 107 employees.
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- Website
- www.startengine.com
- Funding portal
- truCrowd
- Address
- 3900 W ALAMEDA AVE. SUITE 1200, Burbank, CA 91505
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 19, 2014
- SEC CIK
- 0001661779
Offering terms
From the amendment filed May 19, 2020.
- Security
- Common Stock
- Price
- $11.25
- Target
- $10,000
- Maximum
- $370,170
- Deadline
- April 30, 2021
- Portal compensation
- 6.5%
Financials
From the Form C-AR/A filed June 7, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $29,078,030 | $12,574,218 | sec.gov |
| Cost of goods sold | $5,888,893 | $3,406,397 | sec.gov |
| Net income | $-1,066,429 | $-2,584,360 | sec.gov |
| Taxes paid | $90,863 | $18,612 | sec.gov |
| Total assets | $35,207,723 | $25,290,934 | sec.gov |
| Cash | $21,000,367 | $18,539,383 | sec.gov |
| Accounts receivable | $1,477,887 | $751,633 | sec.gov |
| Short-term debt | $7,239,089 | $2,320,312 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 30, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 7, 2022 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 6, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| June 25, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| May 6, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| September 23, 2020 | Progress update | $10,000 | $370,170 | April 30, 2021 | At the close of the offering, the issuer closed on $374,535 and 33,292 number of securities. | sec.gov |
| May 19, 2020 | Amendment | $10,000 | $370,170 | April 30, 2021 | To update with the latest publicly available circular | sec.gov |
| April 30, 2020 | Offering | $10,000 | $370,170 | April 30, 2021 | sec.gov | |
| April 29, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2020 | Progress update | $9,997 | $855,000 | December 5, 2020 | At the close of the offering, the issuer raised $180,877.50 with 24,117 shares sold. | sec.gov |
| April 16, 2020 | Amendment | $10,000 | $840,650 | March 12, 2021 | Correction to Financial Highlights - Short Term Debt | sec.gov |
| March 12, 2020 | Offering | $10,000 | $840,650 | March 12, 2021 | sec.gov | |
| February 28, 2020 | Amendment | $9,997 | $855,000 | December 5, 2020 | Correction to the financial highlights | sec.gov |
| December 5, 2019 | Offering | $9,997 | $855,000 | December 5, 2020 | sec.gov | |
| April 29, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| March 25, 2019 | Progress update | $10,000 | $1,070,000 | March 23, 2019 | At the close of the offering, the issuer closed on $213,892.50 and 160 number of securities. | sec.gov |
| January 22, 2019 | Amendment | $10,000 | $1,070,000 | March 23, 2019 | Updating the target offering amount | sec.gov |
| January 22, 2019 | Offering | $1,070,000 | $1,070,000 | March 23, 2019 | sec.gov |
Also on SpecStream
Updated June 30, 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.