Principal Solar, Inc.
OperatingEnergy & Cleantech · Dallas, TX
Financials
FY2013–FY2021 (no data for FY2016, FY2017, FY2018) · from SEC filings · hover any figure for its sourceFigures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inDotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Cap table
Share counts as of May 23, 2022| Class | Outstanding | Votes / share | Share of total | Last price |
|---|---|---|---|---|
| Preferred Stockpreferred(as of Dec 31, 2021) | 1,000,000 | — | 0.36% | — |
| PREFERRED STOCK SERIES Bpreferred | 1,000,000 | — | 0.36% | — |
| Common Stock | 277,191,013 | 1 | 99.3% | $0.10Jun 2020 |
| Total | 279,191,013 | 100% |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- K. Bryce Toussaint20M (2000.0%) Aug 2020 → 1.0M (50.0%) Feb 2022
Principal holders% as the filing states it, May 23, 2022
- K. Bryce Toussaint1,000,000 Series B Non-Convertible Preferred Stock100.0%of Series B Non-Convertible Preferred
- K. Bryce Toussaint26,274,819 Common Stock8.24%of company
- Granite Global Value Investments Ltd.21,591,050 Common Stock6.77%of company
- Anthony M. Lerner20,000,000 Common Stock6.27%of company
- Everyone else (not named in filings)78.7%
Sold to the crowd
- Reg A+ · Jun 202086,482,170 Common Stock at $0.10$8.6M
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
2 peopleNames and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.
SEC filings
View all 22 filings on EDGAR- Form 253G1Jun 2, 20220001683168-22-004130EDGAR
- Form QUALIFMay 27, 20229999999994-22-000196EDGAR
- Form 1-A/AMay 23, 20220001683168-22-003882EDGAR
- Form 1-A/AMay 2, 20220001683168-22-003088EDGAR
- Form 1-AFeb 23, 20220001683168-22-001218EDGAR
- Form 1-ZFeb 16, 20220001683168-22-001059EDGAR
- Form 253G2Aug 3, 20210001683168-21-003228EDGAR
- Form QUALIFNov 25, 20209999999994-20-000268EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.