Pearachute Inc.

Pearachute Inc. logo via Clearbit

Profile

According to their SEC filings, Pearachute Inc. is a Corporation organized in DE on 11-23-2015. They report having 9 employee(s), and revenue in their most-recent fiscal year of $140,580.00 and $0.00 the prior year.

Location

320 West Ohio Street

Suite 3W

Chicago, IL 60654

Equity Crowdfunding Campaigns

Reg CF Offering from Pearachute Inc. (Previous)

Campaign Details

According to their SEC filings, Pearachute Inc. previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $287,000.00) in SAFE via Republic before a deadline of 12-31-2017.

As compensation for managing the offering, Republic reported being compensated as follows:

5.0% of the amount raised in the Offering

In addition to any direct compensation, Pearachute Inc. reported that Republic would also receive the following financial interest in the offering:

A cash commission equivalent to 2.0% of the Securities being issued in the Offering

Pearachute Inc. filed the following progress report with the SEC at the end of their campaign:

The Issuer raised approximately $72,355 during the offering period. Payments are still being processed. The exact amount is yet to be determined.

Reg CF Offering from Pearachute Inc. (Previous)

Campaign Details

According to their SEC filings, Pearachute Inc. previously ran a Regulation Crowdfunding campaign to raise $0.00 (up to a maximum of $0.00) in via before a deadline of .

As compensation for managing the offering, reported being compensated as follows:

In addition to any direct compensation, Pearachute Inc. reported that would also receive the following financial interest in the offering:

Pearachute Inc. filed the following progress report with the SEC at the end of their campaign:

The Issuer raised approximately $250,000 during the offering period. Payments are still being processed; final number is yet to be determined.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $140,580.00 $0.00
Cost of Goods Sold $189,003.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-1,041,976.00 $0.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $258,220.00 $0.00
Accounts Receivable $21,869.00 $0.00
Short-term Debt $246,684.00 $0.00
Long-term Debt $1,200,000.00 $0.00

Complete Reg CF filings list for Pearachute Inc.

  • [2018-04-30T17:47:52+00:00] Pearachute Inc. filed a Form C-AR.

    File number: 020-23193

  • [2018-01-05T11:57:51+00:00] Pearachute Inc. filed a fundraising progress report (Form C-U) with the following update: "The Issuer raised approximately $250,000 during the offering period. Payments are still being processed; final number is yet to be determined."

    File number: 020-23708

  • [2017-10-30T15:52:33+00:00] Pearachute Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Republic. The nature of the amendment was described as follows:

    The Form C filed on October 27, 2017 is hereby amended to update to the Offering Page.

    File number: 020-23708

  • New Filing Form C

    [2017-10-27T17:59:10+00:00] Pearachute Inc. filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $287,000.00) of via Republic.

    File number: 020-23708

  • [2017-04-03T11:48:30+00:00] Pearachute Inc. filed a fundraising progress report (Form C-U) with the following update: "The Issuer raised approximately $250,000 during the offering period. Payments are still being processed; final number is yet to be determined."

    File number: 020-23193

  • [2017-03-31T13:15:52+00:00] Pearachute Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Republic. The nature of the amendment was described as follows:

    In connection with the increase in maximum offering amount provided in the Issuer's previous Form C/A filing, the Issuer is filing an updated Form C and financial statements reviewed by a public accountant.

    File number: 020-23193

  • [2017-03-03T17:27:00+00:00] Pearachute Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Republic. The nature of the amendment was described as follows:

    The Issuer is increasing its maximum offering amount from $100,000 to $250,000. Financial statements reviewed by a public accountant are being prepared and will be filed, along with an updated Form C, promptly once they are completed.

    File number: 020-23193

  • New Filing Form C

    [2017-01-31T06:01:08+00:00] Pearachute Inc. filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $100,000.00) of via Republic.

    File number: 020-23193