Data / Crowdfunding / Michigan / Transatlantic Real Estate LLC
Transatlantic Real Estate LLC: crowdfunding raise on truCrowd, Inc, $10,000 to $1,070,000 (2018)
Transatlantic Real Estate LLC, a limited liability company in Grosse Pointe Farms, MI, filed a Form C with the SEC on December 24, 2018 to raise $10,000 to $1,070,000 in debt through truCrowd, Inc. The offering closed on January 4, 2019. In its most recent fiscal year it reported $0 in revenue and $0 in net income.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.transatlanticfarms.com
- Funding portal
- truCrowd, Inc
- Address
- 18530 MACK AVE STE 336, Grosse Pointe Farms, MI 48236
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- August 12, 2018
- SEC CIK
- 0001751443
Offering terms
From the amendment filed December 24, 2018.
- Security
- Debt
- Price
- $100.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- January 4, 2019
- Portal compensation
- The intermediary will get paid a success fee of 9%
Financials
From the Form C-U filed January 30, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | 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 |
|---|---|---|---|---|---|---|
| January 30, 2019 | Progress update | $10,000 | $1,070,000 | January 4, 2019 | As of 1/30/2019 there were $866,807.71 disbursed from the escrow from a total of 1,642 investors representing $907,500 of invested funds. There are funds on AML pending and investments not yet received. Another Form C/U will follow. | sec.gov |
| December 24, 2018 | Amendment | $10,000 | $1,070,000 | January 4, 2019 | Changed the offering deadline to 01/04/2019 | sec.gov |
| November 20, 2018 | Amendment | $10,000 | $1,070,000 | January 31, 2019 | Changed the offering deadline to 12/21/2018 | sec.gov |
| October 5, 2018 | Amendment | $10,000 | $1,070,000 | January 31, 2019 | Update CRD # of the intermediary (283063) | sec.gov |
| September 21, 2018 | Amendment | $10,000 | $1,070,000 | January 31, 2019 | Update language to reflect change in min amount accepted as investment. It decreased from $500 to $300 | sec.gov |
| September 18, 2018 | Amendment | $10,000 | $1,070,000 | January 31, 2019 | Update language on Exhibit C, Subscription Agreement, Section 1.b to clarify how the payment will be sent. | sec.gov |
| September 12, 2018 | Offering | $10,000 | $1,070,000 | January 31, 2019 | sec.gov |
Updated January 30, 2019. 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.