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Torque Lifestyle Brands, Inc.

Operating

Biotech · New York, NY

Estimated pre-money ⓘ
$174K
As of Oct 2020 · from Reg A Offering (2020) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$1,200,000
Across 1 round since 2020
Latest share price
$0.225
Reg A+ · Equity · Oct 2020 offering price

Financials

FY2019 · from SEC filings · hover any figure for its source
$0
−$59K
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
Income statement
Revenue
$0
Cost of goods sold
$0
Net income
-$58,847
Balance sheet
Cash
$0
Accounts receivable
$0
Total assets
$0
Long-term debt
$0
Total liabilities
$0
Other
Headcount
2

Figures 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 in
$174K
est. pre-money
Reg A+ · Equity · Oct 2020

Dotted 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 Nov 4, 2021
Series A Preferred · 0.62%Common Stock · 99.4%
ClassOutstandingVotes / shareShare of totalLast price
Series A Preferredpreferred(as of Dec 14, 2020)400,000—0.62%—
Common Stock64,571,826—99.4%$0.225Oct 2020
Total64,971,826100%

Shares outstanding over timein today's share terms

149M75M0
Jun 2020Oct 2021
Common StockSeries A PreferredRound openedSplit / conversion

Principal holders% as the filing states it, Dec 14, 2020

  • David Lovatt200,000 Preferred Stock50.0%of company
  • Leonard Armenta200,000 Preferred Stock50.0%of company
  • Leonard ArmentaCommon Stock49.9%of company

Sold to the crowd

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

Raised $1.2M / $8MEst. pre-money $174.1K

Team

2 people
David Lovatt
CEO and President
Leonard Armenta
Treasurer/Secretary

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-ZDec 7, 20230001683168-23-008703
    EDGAR
  • Form 253G2Nov 23, 20210001683168-21-005914
    EDGAR
  • Form QUALIFNov 19, 20219999999994-21-000391
    EDGAR
  • Form 1-A POSNov 4, 20210001683168-21-005228
    EDGAR
  • Form 1-A POSOct 25, 20210001683168-21-004999
    EDGAR
  • Form QUALIFDec 29, 20209999999994-20-000305
    EDGAR
  • Form 1-A/ADec 14, 20200001683168-20-004283
    EDGAR
  • Form 1-A/ADec 4, 20200001683168-20-004168
    EDGAR
Source: SEC EDGARCIK 0001822529COShare price $0.225Last synced Aug 16, 2026

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.