Data / Crowdfunding / Virginia / Wireless electrical Grid LAN, Inc.
Wireless electrical Grid LAN, Inc.: crowdfunding raise on PicMii Crowdfunding LLC, $9,999 to $3,999,999 (2025)
Wireless electrical Grid LAN, Inc., a corporation in Hampton, VA, filed a Form C with the SEC on April 1, 2025 to raise $9,999 to $3,999,999 in common stock through PicMii Crowdfunding LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $475,000 in revenue and a net loss of $1,654,607, with 5 employees.
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- Website
- wi-gl.com
- Funding portal
- PicMii Crowdfunding LLC
- Address
- 1919 Commerce Dr. Suite 120, Hampton, VA 23666
- Legal form
- Corporation
- Jurisdiction
- VA
- Incorporated
- February 26, 2020
- SEC CIK
- 0001836728
Offering terms
From the amendment filed April 1, 2025.
- Security
- Common Stock
- Price
- $1.85
- Target
- $9,999
- Maximum
- $3,999,999
- Deadline
- April 30, 2025
- Portal compensation
- 4.5%
Financials
From the Form C-AR filed May 12, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $475,000 | $644,999 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,654,607 | $-2,396,211 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $241,236 | $1,276,554 | sec.gov |
| Cash | $178,876 | $654,235 | sec.gov |
| Accounts receivable | $475,000 | $644,999 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 12, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 1, 2025 | Amendment | $9,999 | $3,999,999 | April 30, 2025 | The issuer is extending their campaign to April 30, 2025. | sec.gov |
| April 1, 2025 | Amendment | $9,999 | $3,999,999 | April 30, 2025 | The issuer is extending their campaign to April 1, 2025. | sec.gov |
| December 31, 2024 | Amendment | $9,999 | $3,999,999 | April 1, 2025 | The issuer is extending their campaign to April 1, 2025. | sec.gov |
| July 1, 2024 | Offering | $9,999 | $3,999,999 | December 31, 2024 | sec.gov | |
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 1, 2022 | Progress update | $9,999 | $4,999,999 | July 28, 2021 | The issuer closed on $4,999,758.35 and 9,232,512 shares of Common Stock. | sec.gov |
| December 27, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| July 30, 2021 | Progress update | $9,999 | $4,999,999 | July 28, 2021 | At the close of the offering, the issuer closed on $3,774,999.36 and 7,252,940 shares of Common Stock. | sec.gov |
| June 23, 2021 | Amendment | $9,999 | $4,999,999 | July 28, 2021 | Issuer is extending the length of their campaign by 29 days. Updating Offering max due to error of last filing - new audited financials have been approved. | sec.gov |
| April 28, 2021 | Amendment | $9,999 | $1,069,999 | June 29, 2021 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| April 26, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| March 29, 2021 | Amendment | $9,999 | $1,069,999 | April 30, 2021 | Issuer is adding audited financials and increasing the offering max. | sec.gov |
| December 28, 2020 | Offering | $9,999 | $1,069,999 | April 30, 2021 | sec.gov |
Updated May 12, 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.