FC Development Corp.
View this filing on EDGAR (filing index, accession 0001848227-26-000004) | All Form C filings by this company on EDGAR
Filing details
| Company | FC Development Corp. | (Form C, issuer information) |
|---|---|---|
| State | CT | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2026-04-08 | (EDGAR filing index) |
| Date of incorporation | 2019-07-30 | (Form C, issuer information) |
| Employees | 25 | (Form C, issuer information) |
| Security offered | Other Class B Common Voting Stock | (Form C, offering information) |
| Price per security | $3 | (Form C, offering information) |
| Target amount | $19,999 | (Form C, offering information) |
| Maximum ask | $617,998 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | 7 - 13 percent | (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 | $733,900 | $631,281 | (Form C, financial summary) |
| Cost of goods sold | $333,763 | $262,297 | (Form C, financial summary) |
| Net income | -$117,789 | -$98,840 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $85,817 | $310,567 | (Form C, financial summary) |
| Accounts receivable | $0 | $29,901 | (Form C, financial summary) |
| Total assets | $1,635,923 | $1,518,234 | (Form C, financial summary) |
| Short-term debt | $494,393 | $440,048 | (Form C, financial summary) |
| Long-term debt | $629,371 | $1,205,410 | (Form C, financial summary) |
Mechanical checks that fired
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- 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.
Company website as listed in the Form C: https://fcdevcorp.com/
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