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This isn’t Shark Wheel’s most recent raise. Reg CF · Convertible Note · Sep 2026 (Open) is more current.View latest round
Shark Wheel

Reg CF · Common Stock · Jun 2022

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$401.2K / $1.8M max
23% of ceiling · target hit day 2
Investors
400
$1.9K avg
Post-money valuation
$43.7M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$777K$388K$0
2431220
Jun 30, 2022 · openedFeb 18, 2023 · last reading
Target ($10K) hit — Jul 2, 2022, day 2Deadline Jan 27, 2023

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2020–FY2021 · hover for source
$2.5M
−$778K
FY2020
$1.8M
−$1.3M
FY2021
RevenueNet income
Metric
FY2020
FY2021
Income statement
Revenue
$2,468,579
$1,828,878
Cost of goods sold
$1,497,454
$1,179,068
Gross margin
39%
36%
Net income
-$778,408
-$1,340,761
Taxes paid
$23,157
$26,755
Balance sheet
Cash
$399,968
$402,824
Accounts receivable
$92
$3,336,995
Total assets
$933,810
$1,374,789
Short-term debt
$3,056,776
$143,826
Long-term debt
$1,918,201
$5,232,913
Total liabilities
$4,974,977
$5,376,739
Other
Headcount
10
8

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

3 amendments
  1. Jan 5, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Nov 22, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  3. Sep 26, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$42.9M
Post-money$43.7M
Price / share$2.29
Shares offered4,366

Perks

Invest within the first week and receive 15% bonus shares · until Jul 6, 202215% bonus

Offering details

Target$9,998
Max$1,769,751
Min investment$398
OpenedJun 30, 2022
DeadlineJan 27, 2023
ClosedJan 28, 2023
Days active212

Links & provenance

Campaign pageSEC filingStartEngine listing
Source: Manual
0001665160-22-001941
Last synced Aug 18, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.