Data / Crowdfunding / South Carolina / Teren Inc\TN
Teren Inc\TN: crowdfunding raise on Vicinity LLC, $350,000 to $1,235,000 (2025)
Teren Inc\TN, a corporation in Chattanooga, SC, filed a Form C with the SEC on November 17, 2025 to raise $350,000 to $1,235,000 in preferred stock through Vicinity LLC. The offering closed on December 19, 2025. In its most recent fiscal year it reported $918,732 in revenue and a net loss of $317,070, with 2 employees.
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- Website
- terendesigns.com
- Funding portal
- Vicinity LLC
- Address
- 2310 VANCE AVE SUITE 106, Chattanooga, SC 37404
- Legal form
- Corporation
- Jurisdiction
- TN
- Incorporated
- August 29, 2025
- SEC CIK
- 0002082938
Offering terms
From the amendment filed November 17, 2025.
- Security
- Preferred Stock
- Price
- $4.40
- Target
- $350,000
- Maximum
- $1,235,000
- Deadline
- December 19, 2025
- Portal compensation
- Commission equaling 6% of the total amount raised payable at each closing.
Financials
From the Form C-AR filed April 30, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $918,732 | $1,093,224 | sec.gov |
| Cost of goods sold | $303,977 | $328,264 | sec.gov |
| Net income | $-317,070 | $-329,409 | sec.gov |
| Taxes paid | $36,090 | $0 | sec.gov |
| Total assets | $1,095,341 | $868,138 | sec.gov |
| Cash | $359,520 | $53,753 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $56,689 | $101,631 | sec.gov |
| Long-term debt | $3,096,629 | $2,653,629 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 15, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| January 9, 2026 | Progress update | $350,000 | $1,235,000 | December 19, 2025 | The deal successfully closed on 12/19/2025 having successfully raised $443,062.40 from committed investments by the deadline, according to the final accounting. | sec.gov |
| November 17, 2025 | Amendment | $350,000 | $1,235,000 | December 19, 2025 | Extending Raise Deadline until Dec. 19th | sec.gov |
| September 3, 2025 | Amendment | $350,000 | $1,235,000 | November 7, 2025 | Correcting Subscription Agreement Exhibit | sec.gov |
| August 29, 2025 | Offering | $350,000 | $1,235,000 | November 7, 2025 | sec.gov |
Updated June 15, 2026. 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.