Swift Rails, Inc.

CIK: 1821195DEIncorporated: 2019-09-18

Current Offering

$50,001
Target Amount
$1,069,996
Maximum Amount
2020-12-02
Deadline

Security Details

Type: Preferred Stock
Price per share: $6.45
Shares offered: 8,606+

Offering Costs

Cash commission: 10%
<p>7.5% of the offering amount upon a successful fundraise.&nbsp; Also, companies referred to as "XX" (See Other Material Information below)&nbsp;may receive up to 10% of distributions made by the Issuer if permitted by applicable regulations.&nbsp;</p>
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2020-08-14
Raising $50,001 -$1,069,996 via 8,606+ shares of preferred Stock at $6.45 per share
Deadline: 2020-12-02
As of 2021-04-20
Raising $50,001 -$1,069,996 via 8,606+ shares of preferred Stock at $6.45 per share
Deadline: 2022-04-30
As of 2022-03-16
Raising $50,004 -$534,996 via 5,556+ shares of preferred Stock at $9.00 per share
Deadline: 2023-04-30
Filing date2020-08-142021-04-202022-03-16
Current employees553
Act received most recent fiscal year$0.00$1,102$23,452
Act received prior fiscal year$0.00$0.00$1,102
Cash equi most recent fiscal year$1,890$231,954$17,129
Cash equi prior fiscal year$46,857$1,890$231,954
Cost goods sold most recent fiscal year$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$67,600$0.00
Long term debt prior fiscal year$0.00$0.00$67,600
Net income most recent fiscal year-$19,354.00-$225,415.00-$205,022.00
Net income prior fiscal year-$14,611.00-$19,354.00-$225,415.00
Revenue most recent fiscal year$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00
Short term debt most recent fiscal year$4,679$9,536$2,061
Short term debt prior fiscal year$0.00$4,679$9,536
Tax paid most recent fiscal year$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00
Total asset most recent fiscal year$57,441$307,315$142,909
Total asset prior fiscal year$70,786$57,441$307,315

Financial Reports

Offering via Wefunder

Offering History

As of 2020-08-14
Raising $50,001 -$1,069,996 via 8,606+ shares of preferred Stock at $6.45 per share
Deadline: 2020-12-02
As of 2021-04-20
Raising $50,001 -$1,069,996 via 8,606+ shares of preferred Stock at $6.45 per share
Deadline: 2022-04-30
As of 2022-03-16
Raising $50,004 -$534,996 via 5,556+ shares of preferred Stock at $9.00 per share
Deadline: 2023-04-30
Filing date2020-08-142021-04-202022-03-16
Current employees553
Act received most recent fiscal year$0.00$1,102$23,452
Act received prior fiscal year$0.00$0.00$1,102
Cash equi most recent fiscal year$1,890$231,954$17,129
Cash equi prior fiscal year$46,857$1,890$231,954
Cost goods sold most recent fiscal year$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$67,600$0.00
Long term debt prior fiscal year$0.00$0.00$67,600
Net income most recent fiscal year-$19,354.00-$225,415.00-$205,022.00
Net income prior fiscal year-$14,611.00-$19,354.00-$225,415.00
Revenue most recent fiscal year$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00
Short term debt most recent fiscal year$4,679$9,536$2,061
Short term debt prior fiscal year$0.00$4,679$9,536
Tax paid most recent fiscal year$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00
Total asset most recent fiscal year$57,441$307,315$142,909
Total asset prior fiscal year$70,786$57,441$307,315

Company Information

Corporation
DE
2019-09-18

Latest Metrics

Employees5
Total Assets$57,441
Cash on Hand$1,890
Revenues$0.00
Net Income-$19,354.00

Crowdfunding Portals

This company is raising funds through this portal