Geoship SPC
View this filing on EDGAR (filing index, accession 0001872856-26-000026) | All Form C filings by this company on EDGAR
Filing details
| Company | Geoship SPC | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | DEALMAKER SECURITIES LLC | (Form C, issuer information) |
| Filing date | 2026-01-27 | (EDGAR filing index) |
| Date of incorporation | 2014-01-24 | (Form C, issuer information) |
| Employees | 42 | (Form C, issuer information) |
| Security offered | Other Membership Units in the Co-Issuer (defined herein as the "Membership Units"), which will use investor proceeds to purchase a corresponding SAFE (Simple Agreement for Future Equity) from the Issuer. | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,350 | (Form C, offering information) |
| Maximum ask | $3,726,000 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | The Company will pay DealMaker Securities LLC a cash fee of 8.5% commission based on the dollar amount of Securities sold in the Offering. There is also a $5,000 advance setup and $2,000 monthly fee payable to DealMaker Securities LLC and/or its affiliates | (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.
| 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 | -$3,289,864 | -$1,910,888 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $3,576,407 | $1,105,863 | (Form C, financial summary) |
| Accounts receivable | $700 | $0 | (Form C, financial summary) |
| Total assets | $5,206,702 | $1,640,617 | (Form C, financial summary) |
| Short-term debt | $20,000 | $275,000 | (Form C, financial summary) |
| Long-term debt | $865,619 | $841,236 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern 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 quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001872856-26-000026.
"GOING CONCERN The Company has evaluated whether there are certain conditions and events, considered in the aggregate, that raise substantial doubt and the Company’s ability to continue as a going concern within one year after the date that the financial statements are available to be issued."
"GOING CONCERN The Company has evaluated whether there are certain conditions and events, considered in the aggregate, that raise substantial doubt and the Company’s ability to continue as a going concern within one year after the date that the financial statements are available to be issued."
- 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: 0001872856-26-000026.
"Moreover, those with voting rights could use their voting influence to maintain the Company’s existing management, delay or prevent changes in control of the Company, issue additional securities which may dilute you, repurchase securities of the Company, enter into transactions with related parties or support or reject other management and board proposals."
"905 [email protected] | www.ArtesianCPA.com GEOSHIP 2026 CF SPV LLC BALANCE SHEET As of January 13, 2026 (inception) ASSETS Current Assets: Cash and cash equivalents Deferred offering costs Total Current Assets $ - TOTAL ASSETS $ - LIABILITIES AND MEMBER'S EQUITY Current Liabilities: Accounts payable Due to related party Total Current Liabilities $ - Member's Equity - TOTAL LIABILITIES AND MEMBER'S EQUITY $ - See accompanying Independent Auditor’s Report and accompanying notes, which are an integral part of this financial statement. 3 GEOSHIP 2026 CF SPV LLC NOTES TO THE FINANCIAL STATEMENT"
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- No revenue. Revenue for the most recent fiscal year is $0 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.
- Repeat Form C filer. This company filed 2 or more new Form C filings between 2024-10-21 to 2026-10-27 on EDGAR.
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Other Form C filings by this company in our data
Company website as listed in the Form C: https://geoship.is/
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