Data / Crowdfunding / Maine / The Renewable Snowmaking Company
The Renewable Snowmaking Company: crowdfunding raise on InfraShares, Inc., $600,000 to $1,070,000 (2022)
The Renewable Snowmaking Company, a business trust in Portland, ME, filed a Form C with the SEC on March 31, 2022 to raise $600,000 to $1,070,000 in common stock through InfraShares, Inc.. The offering closed on September 1, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $6,498, with 2 employees.
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- Website
- www.ReNewSnow.Ski
- Funding portal
- InfraShares, Inc.
- Address
- 305 Commercial Street, Portland, ME 04101
- Legal form
- Business Trust
- Jurisdiction
- DE
- Incorporated
- July 31, 2017
- SEC CIK
- 0001890178
Offering terms
From the amendment filed March 31, 2022.
- Security
- Common Stock
- Price
- $10.00
- Target
- $600,000
- Maximum
- $1,070,000
- Deadline
- September 1, 2022
- Portal compensation
- 2.5% of the amount raised in the Offering and $500.0
Financials
From the Form C-U filed November 3, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-6,498 | $-7,813 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $28,334 | $34,832 | sec.gov |
| Cash | $28,334 | $34,832 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 3, 2022 | Progress update | $600,000 | $1,070,000 | September 1, 2022 | The issuer did not sell any securities or raise any capital in this offering prior to its deadline. | sec.gov |
| March 31, 2022 | Amendment | $600,000 | $1,070,000 | September 1, 2022 | Disclosure of SAFE investment | sec.gov |
| December 6, 2021 | Offering | $600,000 | $1,070,000 | September 1, 2022 | sec.gov |
Updated November 3, 2022. 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.