Data / Crowdfunding / California / TruePrep, Inc
TruePrep, Inc: crowdfunding raise on StartEngine Primary, LLC, $15,000 to $1,234,980 (2024)
TruePrep, Inc, a corporation in Rancho Santa Fe, CA, filed a Form C with the SEC on October 9, 2024 to raise $15,000 to $1,234,980 in Non-Voting Common Stock through StartEngine Primary, LLC. The offering closed on January 7, 2025. In its most recent fiscal year it reported $1,108 in revenue and a net loss of $394,009, with 2 employees.
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- Website
- www.trueprep.ai
- Funding portal
- StartEngine Primary, LLC
- Address
- 5340 CALZADA DEL BOSQUE, Rancho Santa Fe, CA 92067
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 25, 2023
- SEC CIK
- 0002040429
Offering terms
From the offering filed October 9, 2024.
- Security
- Non-Voting Common Stock
- Price
- $15.00
- Target
- $15,000
- Maximum
- $1,234,980
- Deadline
- January 7, 2025
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed January 8, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,108 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-394,009 | $-21,974 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $87,457 | $80,996 | sec.gov |
| Cash | $6,647 | $186 | 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 8, 2025 | Progress update | $15,000 | $1,234,980 | January 7, 2025 | At the close of the offering, the Issuer closed on $0 and no securities. | sec.gov |
| October 9, 2024 | Offering | $15,000 | $1,234,980 | January 7, 2025 | sec.gov |
Updated January 8, 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.