Data / Crowdfunding / Texas / TankHead Oil & Gas Co.
TankHead Oil & Gas Co.: crowdfunding raise on IPO Wallet LLC, $25,000 to $1,235,000 (2023)
TankHead Oil & Gas Co., a corporation in Lufkin, TX, filed a Form C with the SEC on February 9, 2023 to raise $25,000 to $1,235,000 in common stock through IPO Wallet LLC. The offering closed on February 15, 2024. In its most recent fiscal year it reported $731,403 in revenue and a net loss of $67,260, with 2 employees.
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- Website
- www.tankheadtx.com
- Funding portal
- IPO Wallet LLC
- Address
- 102 TORREY PINES DR, Lufkin, TX 75901
- Legal form
- Corporation
- Jurisdiction
- TX
- Incorporated
- June 17, 2021
- SEC CIK
- 0001960064
Offering terms
From the offering filed February 9, 2023.
- Security
- Common Stock
- Price
- $1.25
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- February 15, 2024
- Portal compensation
- 9.5% of amounts raised in the offering
Financials
From the Form C filed February 9, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $731,403 | $0 | sec.gov |
| Cost of goods sold | $755,478 | $0 | sec.gov |
| Net income | $-67,260 | $-51,110 | sec.gov |
| Taxes paid | $5,853 | $0 | sec.gov |
| Total assets | $6,509,237 | $26,281 | sec.gov |
| Cash | $230,079 | $1,281 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $769,490 | $2,391 | sec.gov |
| Long-term debt | $2,712,193 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 9, 2023 | Offering | $25,000 | $1,235,000 | February 15, 2024 | sec.gov |
Also on SpecStream
Updated February 9, 2023. 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.