Data / Crowdfunding / Colorado / The 420 Hotels, Inc.
The 420 Hotels, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,999 to $426,943 (2023)
The 420 Hotels, Inc., a corporation in Denver, CO, filed a Form C with the SEC on March 8, 2023 to raise $14,999 to $426,943 in Class A Common Stock through StartEngine Capital, LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $558,799 in revenue and a net loss of $219,397, with 7 employees.
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- Website
- the420hotels.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 420 E 11th Avenue, Denver, CO 80203
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- April 20, 2021
- SEC CIK
- 0001883555
Offering terms
From the offering filed March 8, 2023.
- Security
- Class A Common Stock
- Price
- $0.18
- Target
- $14,999
- Maximum
- $426,943
- Deadline
- April 30, 2023
- Portal compensation
- up to 9% percent
Financials
From the Form C-AR filed May 1, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $558,799 | $635,817 | sec.gov |
| Cost of goods sold | $80,310 | $92,068 | sec.gov |
| Net income | $-219,397 | $-136,278 | sec.gov |
| Taxes paid | $4,712 | $17,457 | sec.gov |
| Total assets | $2,679,162 | $2,537,104 | sec.gov |
| Cash | $133,385 | $46,366 | sec.gov |
| Accounts receivable | $44,245 | $20,860 | sec.gov |
| Short-term debt | $27,500 | $117,000 | sec.gov |
| Long-term debt | $1,878,157 | $1,895,752 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2023 | Progress update | $14,999 | $426,943 | April 30, 2023 | At the close of the offering, the issuer closed on $40,957.29 and 254628 number of securities. | sec.gov |
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 8, 2023 | Offering | $14,999 | $426,943 | April 30, 2023 | sec.gov | |
| September 2, 2022 | Progress update | $25,000 | $1,070,000 | September 1, 2022 | The Offering closed successfully on 9/02/2022, having received investment commitments of $223,406.69, although a final accounting has not taken place. | sec.gov |
| May 16, 2022 | Offering | $25,000 | $1,070,000 | September 1, 2022 | sec.gov |
Updated May 1, 2025. 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.