Cascade Air Conditioning Inc
View this filing on EDGAR (filing index, accession 0002035586-24-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Cascade Air Conditioning Inc | (Form C, issuer information) |
|---|---|---|
| State | TX | (Form C, issuer information) |
| Platform | RIALTO MARKETS LLC | (Form C, issuer information) |
| Filing date | 2024-10-25 | (EDGAR filing index) |
| Date of incorporation | 2023-05-14 | (Form C, issuer information) |
| Employees | 2 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $5,000,000 | (Form C, offering information) |
| Offering deadline | 2025-10-24 | (Form C, offering information) |
| Platform compensation | Set-up fee prior to Offering in the amount of $7,500, management and administration fee in the amount of $7,500 thirty (30) days after Offering publication and fee of 3% of specific amount raised during period immediately preceding the periodic Closing. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically. The prior fiscal year figures are all 0.00, and the date of incorporation stated in this same Form C is in 2023, so that fiscal year may precede the company.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $0 | $0 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | $0 | $0 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $51 | $0 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $51 | $0 | (Form C, financial summary) |
| Short-term debt | $1,064 | $0 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- No revenue. Revenue for the most recent fiscal year is $0 in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
Checks not run on this filing
These checks are arithmetic on the Form C financial summary, and every figure in this filing's summary is 0.00, which on a Form C cover page can mean zero or can mean nothing was entered. We do not run arithmetic on figures that carry no information, so these checks are not run here. That is a limit of our method and says nothing about the company either way.
- Net loss in both years
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://investcascadeairconditioning.com/
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