Embarc

Saleen Automotive, Inc.

CIK: 1528098•Delaware•Incorporated: 2021-08-06

Latest Reported Offering

$50,000
Target Amount
$124,000
Maximum Amount
2027-07-29
Deadline

Security Details

Type: Other
Price per share: $1.00
Price set by: Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1; each investment is convertible to one share of stock as described under Item 13.
Shares offered: 50,000+

Offering Costs

Cash commission: 6.9%
of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: —
No

Filing history

Form C family — 12 filings
FiledFormFile numberPortalWhat it statesWhat the filer said
C/A020-37360Wefunder$50K target, up to $124K · Simple Agreement for Future Equity (SAFE) at $1.00 · closes 2027-07-29Removal of two officers.
C020-37360Wefunder$50K target, up to $124K · Simple Agreement for Future Equity (SAFE) at $1.00 · closes 2027-07-29—
C-U020-37131invown.com$10K target, up to $124K · Common Stock at $1.50 · closes 2026-07-31The issuer did not reach its target offering amount of $10,000 by the offering deadline. No securities were sold. All investor commitments were cancelled and investor funds were returned.
C-AR/A020-32595StartEngineRevenue $3.7M · net income -$10.2M · 18 employees—
C020-37131invown.com$10K target, up to $124K · Common Stock at $1.50 · closes 2026-07-31—
C-AR020-32595StartEngineRevenue $3.7M · net income -$10.2M · 18 employees—
C020-34084Issuance Express$10K target, up to $3.9M · Common Stock at $1.25 · closes 2024-07-29—
C-AR020-32595StartEngineRevenue $4.4M · net income -$1.4M · 20 employees—
C-U020-32595StartEngine$15K target, up to $1.2M · Common Stock at $1.25 · closes 2023-10-05Adjustment to the initial Form C-U filing of 2023-10-16. At the close of the offering, the issuer closed on $1,054,686.39 and 916,903 number of securities.
C-U020-32595StartEngine$15K target, up to $1.2M · Common Stock at $1.25 · closes 2023-10-05At the close of the offering, the issuer closed on $909,178.26 and 794,736 number of securities.
C/A020-32595StartEngine$15K target, up to $1.2M · Common Stock at $1.25 · closes 2023-10-05Issuer is moving their end date closer
C020-32595StartEngine$15K target, up to $1.2M · Common Stock at $1.25 · closes 2023-10-09—
Embarc dashboard

Form C prints a most-recent and a prior fiscal year side by side but never names them. The dashboard chains every filing into those years and plots them. EDGAR still has each Form C-AR; the dashboard lays every year they filed next to it.

  • Reported financials chained into fiscal years — revenue, income, assets, cash — not one filing at a time
  • A sparkline on each figure so the shape is visible before the numbers
  • A revenue series dated to the filings that reported it
  • The campaign as filed: target, ceiling, deadline, and the portal that ran it
  • Follow it, and see it change on your watchlist

Part of the Alts plan — $40/mo at launch pricing ($100 list)

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Company Information

Legal Status
Corporation
Jurisdiction
Delaware
Date of Incorporation
2021-08-06

Latest Metrics

Employees16
Total Assets$4,033,134
Cash on Hand$57,154
Revenues$3,573,111
Net Income-$1,049,875

Crowdfunding Portals

Issuance Express
StartEngine
invown.com
Wefunder
The intermediaries named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.

SEC Filings

View all SEC filings