Fan Engine, LLC
View this filing on EDGAR (filing index, accession 0002066444-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Fan Engine, LLC | (Form C, issuer information) |
|---|---|---|
| State | OH | (Form C, issuer information) |
| Platform | PicMii Crowdfunding LLC | (Form C, issuer information) |
| Filing date | 2025-05-16 | (EDGAR filing index) |
| Date of incorporation | 2024-09-06 | (Form C, issuer information) |
| Employees | 3 | (Form C, issuer information) |
| Security offered | Other Non-Voting Membership Units | (Form C, offering information) |
| Price per security | $10 | (Form C, offering information) |
| Target amount | $9,994 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2025-12-31 | (Form C, offering information) |
| Platform compensation | 2.0% of the funds raised for the first $50,000 raised. 4.5% of the funds raised from $50,001 to $1,235,000. The issuer will also receive a $4,500 listing fee and $500 SPV setup fee. | (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 2024, so that fiscal year may precede the company.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $374,458 | $0 | (Form C, financial summary) |
| Cost of goods sold | $113,080 | $0 | (Form C, financial summary) |
| Net income | $29,465 | $0 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $119,956 | $0 | (Form C, financial summary) |
| Accounts receivable | $12,250 | $0 | (Form C, financial summary) |
| Total assets | $1,159,051 | $0 | (Form C, financial summary) |
| Short-term debt | $45,083 | $0 | (Form C, financial summary) |
| Long-term debt | $1,050,575 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0002066444-25-000001.
"Additional issuances of securities Issuer repurchases of securities A sale of the issuer or of assets of the issuer Transactions with related parties The authorization and issuance of additional units of the company's Units will dilute the ownership of the crowdfunding investors."
"We may need to negotiate with a related party for additional capital."
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://thefanengine.com/
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