Cashlin - IPO Filing
Cashlin, which commenced operations in June 2026, has a limited operating history and relies on three non-renewing customer agreements expiring in June 2027, with current annual revenue of $30,000 against projected operating losses due to platform amortization starting July 1, 2026.
Why this matters
Cashlin, a Wyoming-incorporated company with a limited operating history, commenced operations in June 2026 and currently generates revenue through three non-renewing customer agreements set to expire in June 2027. The company has filed for an IPO, offering 10,000,000 shares of common stock at $0.10 per share, aiming to raise up to $1,000,000. The offering is self-underwritten by the company's officer, with no underwriter or commissions involved, and will last for twelve months. Proceeds from the IPO are intended for platform development, sales and marketing, repayment of a founder loan, and working capital. If successful, the founders will retain approximately 60% ownership, with the remaining 40% held by new investors.