The SMART Tire Company, Inc.

CIK: 1854861•DE•Incorporated: 2020-08-12

Latest Reported Offering

$50,004
Target Amount
$5,000,000
Maximum Amount
2026-04-30
Deadline

Security Details

Type: Preferred Stock
Price per share: $5.00
Price set by: Dividing pre-money valuation $55,643,830.00 (or $50,079,447.00 for investors in the first $499,999.50) by number of shares outstanding on fully diluted basis.
Shares offered: 11,112+

Offering Costs

Cash commission: —
<p>7.5% 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.</p>
Equity compensation: —
No

Filing history

Form C family — 11 filings
FiledFormFile numberPortalWhat it statesWhat the filer said
2025-05-16C020-35908Wefunder$50K target, up to $5M · Preferred Stock at $5.00 · closes 2026-04-30—
2024-04-29C-AR020-28094WefunderRevenue $240K · net income -$622K · 4 employees—
2023-05-01C-AR020-28094WefunderRevenue $101K · net income -$788K · 4 employees—
2023-04-26C/A020-31817Wefunder$100K target, up to $4.9M · Preferred Stock at $5.00 · closes 2024-04-29Adding 2022 audited GAAP financials and extending the campaign
2023-02-16C020-31817Wefunder$100K target, up to $4.9M · Preferred Stock at $5.00 · closes 2023-04-30—
2022-07-07C-U020-29487StartEngine$10K target, up to $3.7M · Series Seed-1 Preferred Stock at $4.60 · closes 2022-04-29At the close of the offering, the issuer closed on $53,228.03 and 11,180 number of securities.
2022-05-02C-AR020-28094WefunderRevenue $0 · net income -$493K · 3 employees—
2022-04-06C/A020-29487StartEngine$10K target, up to $3.7M · Series Seed-1 Preferred Stock at $4.60 · closes 2022-04-29Issuer is extending camapign
2022-01-06C020-29487StartEngine$10K target, up to $3.7M · Series Seed-1 Preferred Stock at $4.60 · closes 2022-04-06—
2022-01-05C-U020-28094Wefunder$50K target, up to $5M · Simple Agreement for Future Equity (SAFE) at $1.00 · closes 2022-04-30At the close of the offering, the issuer closed on $1,296,681 and 872790 number of securities.
2021-05-14C020-28094Wefunder$50K target, up to $5M · Simple Agreement for Future Equity (SAFE) at $1.00 · closes 2022-04-30—
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
Open in the dashboard

Company Information

Legal Status
Corporation
Jurisdiction
DE
Date of Incorporation
2020-08-12

Latest Metrics

Employees5
Total Assets$310,912
Cash on Hand$51,870
Revenues$290,086
Net Income-$411,488

Crowdfunding Portals

The intermediaries named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.