Data / Crowdfunding / Connecticut / Sun Fund Renewables Inc.
Sun Fund Renewables Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2018)
Sun Fund Renewables Inc., a corporation in Milford, CT, filed a Form C with the SEC on October 29, 2018 to raise $10,000 to $1,070,000 in Series Seed Preferred Stock with SAFT through StartEngine Capital, LLC. The offering closed on December 31, 2018. In its most recent fiscal year it reported $0 in revenue and a net loss of $3,074, with 8 employees.
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- Website
- www.sun.fund
- Funding portal
- StartEngine Capital, LLC
- Address
- 185 PLAINS ROAD SUITE 100E, Milford, CT 06461
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 9, 2017
- SEC CIK
- 0001721827
Offering terms
From the amendment filed October 29, 2018.
- Security
- Series Seed Preferred Stock with SAFT
- Price
- $10.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- December 31, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-U filed July 16, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-3,074 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $104 | $0 | sec.gov |
| Cash | $104 | $0 | sec.gov |
| Accounts receivable | $0 | $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 |
|---|---|---|---|---|---|---|
| July 16, 2019 | Progress update | $10,000 | $1,070,000 | December 31, 2018 | At the close of the offering, the issuer closed on $127,280 and 12,728 number of securities. | sec.gov |
| January 3, 2019 | Progress update | $10,000 | $1,070,000 | December 31, 2018 | At the close of the offering, the issuer closed on $127,280 and 12,728 number of securities. | sec.gov |
| October 29, 2018 | Amendment | $10,000 | $1,070,000 | December 31, 2018 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| August 29, 2018 | Amendment | $10,000 | $1,070,000 | October 30, 2018 | Issuer is extending their campaign. | sec.gov |
| July 2, 2018 | Amendment | $10,000 | $1,070,000 | August 31, 2018 | Issuer is extending their campaign. | sec.gov |
| April 30, 2018 | Amendment | $10,000 | $1,070,000 | July 2, 2018 | Issuer is extending their campaign and updating their financials. | sec.gov |
| April 17, 2018 | Amendment | $10,000 | $1,070,000 | April 30, 2018 | Issuer is extending their campaign. | sec.gov |
| January 8, 2018 | Amendment | $10,000 | $1,070,000 | April 18, 2018 | Extending campaign by 60 days. | sec.gov |
| November 20, 2017 | Offering | $10,000 | $1,070,000 | February 17, 2018 | sec.gov |
Updated July 16, 2019. 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.