Data / Crowdfunding / California / Wave Soda, Inc.
Wave Soda, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,997 to $999,997 (2022)
Wave Soda, Inc., a corporation in San Marcos, CA, filed a Form C with the SEC on March 4, 2022 to raise $9,997 to $999,997 in preferred stock through StartEngine Capital, LLC. The offering closed on April 29, 2022. In its most recent fiscal year it reported $1,170,195 in revenue and a net loss of $2,019,778, with 9 employees.
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- Website
- wavesoda.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1780 LA COSTA MEADOWS DRIVE, SUITE 105, San Marcos, CA 92078
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 25, 2016
- SEC CIK
- 0001910055
Offering terms
From the offering filed March 4, 2022.
- Security
- Preferred Stock
- Price
- $3.60
- Target
- $9,997
- Maximum
- $999,997
- Deadline
- April 29, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed May 9, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,170,195 | $583,237 | sec.gov |
| Cost of goods sold | $692,976 | $905,282 | sec.gov |
| Net income | $-2,019,778 | $-1,795,004 | sec.gov |
| Taxes paid | $443 | $2,013 | sec.gov |
| Total assets | $1,600,219 | $88,325 | sec.gov |
| Cash | $557,573 | $45,541 | sec.gov |
| Accounts receivable | $106,150 | $73,376 | sec.gov |
| Short-term debt | $547,143 | $398,980 | sec.gov |
| Long-term debt | $5,258,954 | $2,031,095 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 9, 2022 | Progress update | $9,997 | $999,997 | April 29, 2022 | At the close of the offering, the issuer closed on $51,172.92 and 14,740 number of securities. | sec.gov |
| March 4, 2022 | Offering | $9,997 | $999,997 | April 29, 2022 | sec.gov |
Updated May 9, 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.