Data / Crowdfunding / Texas / Terrashroom Inc.
Terrashroom Inc.: crowdfunding raise on Wefunder Portal LLC, $100,000 to $1,235,000 (2024)
Terrashroom Inc., a corporation in Austin, TX, filed a Form C with the SEC on March 11, 2024 to raise $100,000 to $1,235,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $64 in revenue and a net loss of $77,820, with 2 employees.
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- Website
- terrashroom.io
- Funding portal
- Wefunder Portal LLC
- Address
- 8015 Burleson Rd STE 100, Austin, TX 78744
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 24, 2022
- SEC CIK
- 0001979421
Offering terms
From the offering filed March 11, 2024.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,235,000
- Deadline
- April 29, 2024
- Portal compensation
- 6.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed March 11, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $64 | $0 | sec.gov |
| Cost of goods sold | $1,553 | $0 | sec.gov |
| Net income | $-77,820 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $124,865 | $0 | sec.gov |
| Cash | $124,584 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $92,525 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 11, 2024 | Offering | $100,000 | $1,235,000 | April 29, 2024 | sec.gov |
Updated March 11, 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.