Data / Crowdfunding / South Carolina / WhiteFlag App, Inc.
WhiteFlag App, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,999 to $1,234,997 (2023)
WhiteFlag App, Inc., a corporation in Myrtle Beach, SC, filed a Form C with the SEC on November 21, 2023 to raise $14,999 to $1,234,997 in common stock through StartEngine Capital, LLC. The offering closed on November 27, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $950,556, with 10 employees.
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- Website
- whiteflagapp.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 509 9th Ave N HTC Aspire Hub, Myrtle Beach, SC 29577
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 16, 2021
- SEC CIK
- 0001990703
Offering terms
From the amendment filed November 21, 2023.
- Security
- Common Stock
- Price
- $4.48
- Target
- $14,999
- Maximum
- $1,234,997
- Deadline
- November 27, 2023
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed May 6, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-950,556 | $-1,148,109 | sec.gov |
| Taxes paid | $-4,814 | $12,393 | sec.gov |
| Total assets | $190,207 | $213,345 | sec.gov |
| Cash | $20,404 | $60,043 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $439,066 | $403,888 | sec.gov |
| Long-term debt | $2,753,887 | $1,862,953 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 18, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| December 19, 2023 | Progress update | $14,999 | $1,234,997 | November 27, 2023 | At the close of the offering, the issuer closed on $108,306.22 and 24,905 number of securities. | sec.gov |
| November 21, 2023 | Amendment | $14,999 | $1,234,997 | November 27, 2023 | Updated information in team section, company securities, and resent offerings | sec.gov |
| August 29, 2023 | Offering | $14,999 | $1,234,997 | November 27, 2023 | sec.gov |
Updated May 6, 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.