Data / Crowdfunding / Pennsylvania / World Cycling League
World Cycling League: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $107,000 (2019)
World Cycling League, a limited liability company in Phoenixville, PA, filed a Form C with the SEC on February 20, 2019 to raise $10,000 to $107,000 in Class B Membership Units through StartEngine Capital, LLC. The offering closed on April 29, 2019. In its most recent fiscal year it reported $70 in revenue and a net loss of $353,175, with 3 employees.
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- Website
- worldcyclingleague.com
- Funding portal
- StartEngine Capital, LLC
- Address
- PO BOX 125 #6311, Phoenixville, PA 19460
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- February 25, 2015
- SEC CIK
- 0001745255
Offering terms
From the amendment filed February 20, 2019.
- Security
- Class B Membership Units
- Price
- $10.00
- Target
- $10,000
- Maximum
- $107,000
- Deadline
- April 29, 2019
- Portal compensation
- 6 percent
Financials
From the Form C/A filed February 20, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $70 | $6,221 | sec.gov |
| Cost of goods sold | $488 | $0 | sec.gov |
| Net income | $-353,175 | $-755,439 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $226,613 | $35,018 | sec.gov |
| Cash | $3,454 | $4,678 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $10,500 | $0 | sec.gov |
| Long-term debt | $1,348,915 | $814,644 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 20, 2019 | Amendment | $10,000 | $107,000 | April 29, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| December 21, 2018 | Amendment | $10,000 | $107,000 | February 26, 2019 | Issuer is extending campaign. | sec.gov |
| September 26, 2018 | Offering | $10,000 | $107,000 | December 26, 2018 | sec.gov |
Updated February 20, 2019. 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.