Data / Crowdfunding / New Jersey / Transizion Education Corp
Transizion Education Corp: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2022)
Transizion Education Corp, a corporation in Old Bridge, NJ, filed a Form C with the SEC on September 8, 2022 to raise $25,000 to $1,070,000 in debt through SI SECURITIES, LLC. The offering closed on December 2, 2022. In its most recent fiscal year it reported $328,904 in revenue and a net loss of $88,399, with 4 employees.
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.transizion.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 11 SCHINDLER DRIVE SOUTH, Old Bridge, NJ 08857
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 24, 2015
- SEC CIK
- 0001943767
Offering terms
From the amendment filed September 8, 2022.
- Security
- Debt
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- December 2, 2022
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C/A filed September 8, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $328,904 | $238,241 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-88,399 | $-149,972 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $159,768 | $200,018 | sec.gov |
| Cash | $159,768 | $130,018 | sec.gov |
| Accounts receivable | $0 | $70,000 | sec.gov |
| Short-term debt | $178,273 | $30,452 | sec.gov |
| Long-term debt | $159,768 | $200,018 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 8, 2022 | Amendment | $25,000 | $1,070,000 | December 2, 2022 | The amendment is meant to extend the offering end date by one week. There have been no investors that have made subscriptions at the time of the amendment filing. | sec.gov |
| August 30, 2022 | Amendment | $25,000 | $1,070,000 | November 25, 2022 | Amendment is to correct the maximum offering size on EDGAR to $1,070,000. This maximum was correctly spelled out in the Form C and offering materials. This amendment is solely to correct a clerical input error. | sec.gov |
| August 26, 2022 | Offering | $25,000 | $1,500,000 | November 25, 2022 | sec.gov |
Updated September 8, 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.