Data / Crowdfunding / New York / Ten Thousand, Inc.
Ten Thousand, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,000,000 (2018)
Ten Thousand, Inc., a corporation in New York, NY, filed a Form C with the SEC on June 20, 2018 to raise $25,000 to $1,000,000 in preferred stock through SI SECURITIES, LLC. The offering closed on August 3, 2018. In its most recent fiscal year it reported $668,508 in revenue and a net loss of $598,123, with 5 employees.
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- Website
- www.tenthousand.cc
- Funding portal
- SI SECURITIES, LLC
- Address
- 16 WEST 22ND STREET 6TH FLOOR, New York, NY 10010
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 17, 2013
- SEC CIK
- 0001731158
Offering terms
From the amendment filed June 20, 2018.
- Security
- Preferred Stock
- Price
- $0.09
- Target
- $25,000
- Maximum
- $1,000,000
- Deadline
- August 3, 2018
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-U filed August 7, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $668,508 | $154,699 | sec.gov |
| Cost of goods sold | $366,080 | $121,486 | sec.gov |
| Net income | $-598,123 | $-352,915 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $281,860 | $375,799 | sec.gov |
| Cash | $16,060 | $210,555 | sec.gov |
| Accounts receivable | $16,861 | $0 | sec.gov |
| Short-term debt | $431,602 | $119,459 | sec.gov |
| Long-term debt | $1,098,384 | $932,500 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 7, 2018 | Progress update | $25,000 | $1,000,000 | August 3, 2018 | The issuer raised approximately $200,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| June 20, 2018 | Amendment | $25,000 | $1,000,000 | August 3, 2018 | Updates to Exhibit B and Exhibit D. | sec.gov |
| June 18, 2018 | Offering | $25,000 | $1,000,000 | August 3, 2018 | sec.gov |
Updated August 7, 2018. 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.