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This isn’t ARQLITE’s most recent raise. Reg CF · Convertible Note · May 2022 (Closed) is more current.View latest round
ARQLITE

Reg CF · Convertible Note · Aug 2021

ClosedReached targetReg CFConvertible Note
via WeFunder · last checked Aug 17, 2026
Raised
$1.9M / $1.1M max
100% of ceiling · target hit day 2
Investors
2,112
$898.4 avg
Valuation cap
$18M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$1.9M$961K$0
1.3K6640
Aug 31, 2021 · openedJul 1, 2022 · last reading
Target ($50K) hit — Sep 2, 2021, day 2$1.0M raised — Dec 26, 2021Deadline Apr 30, 2022

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder, last checked Aug 17, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2019–FY2020 · hover for source
$0
−$365K
FY2019
$3K
−$903K
FY2020
RevenueNet income
Metric
FY2019 reviewed
FY2020 audited
Income statement
Revenue
$0
$3,308
Cost of goods sold
$0
$1,659
Gross margin
—
50%
Net income
-$365,358
-$903,218
Taxes paid
$0
$0
Balance sheet
Cash
$381,485
$209,331
Accounts receivable
$0
$18,032
Total assets
$1,427,521
$2,700,912
Short-term debt
$0
$567,680
Long-term debt
$671,236
$372,157
Total liabilities
$671,236
$939,837
Other
Headcount
—
8

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

Amendments to this offering

1 amendment
  1. Sep 7, 2021
    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

Valuation cap$18M
Conversion discount20%
Interest rate4%

Perks

Invest $250+ get a super-exclusive arqlite reusable eco-bag to keep tackling plastic pollution$250+

Offering details

Target$50,000
Max$1,070,000
Min investment$100
OpenedAug 31, 2021
DeadlineApr 30, 2022
ClosedJul 1, 2022
Days active304

Links & provenance

SEC filing
Source: SEC EDGAR
0001670254-21-000980
Last synced Aug 17, 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.