Data / Crowdfunding / California / STRANDSMART INC
STRANDSMART INC: crowdfunding raise on StartEngine Capital, LLC, $9,998 to $1,234,995 (2023)
STRANDSMART INC, a corporation in San Diego, CA, filed a Form C with the SEC on January 18, 2023 to raise $9,998 to $1,234,995 in common stock through StartEngine Capital, LLC. The offering closed on March 20, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $810,909, with 1 employees.
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- Website
- strandsmart.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 501 W. BROADWAY SUITE 800, San Diego, CA 92101
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 27, 2017
- SEC CIK
- 0001956888
Offering terms
From the offering filed January 18, 2023.
- Security
- Common Stock
- Price
- $4.14
- Target
- $9,998
- Maximum
- $1,234,995
- Deadline
- March 20, 2023
- Portal compensation
- Up to 9% percent
Financials
From the Form C-AR filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $810,911 | $1,270,966 | sec.gov |
| Net income | $-810,909 | $-1,178,464 | sec.gov |
| Taxes paid | $928 | $2,332 | sec.gov |
| Total assets | $198,394 | $182,608 | sec.gov |
| Cash | $186,556 | $164,602 | sec.gov |
| Accounts receivable | $2,787 | $0 | sec.gov |
| Short-term debt | $1,295 | $1,814 | sec.gov |
| Long-term debt | $6,081,625 | $5,486,625 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 5, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 23, 2023 | Progress update | $9,998 | $1,234,995 | March 20, 2023 | At the close of the offering, the issuer closed on $21,720.16 and 5,709 number of securities. | sec.gov |
| January 18, 2023 | Offering | $9,998 | $1,234,995 | March 20, 2023 | sec.gov |
Updated April 5, 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.