Whooshh Innovations, Inc. has announced an extension of its fundraising deadline to December 31, 2026. This decision comes as the company seeks to enhance its capital-raising efforts amidst ongoing industry challenges.
Founded in 2007, Whooshh Innovations specializes in innovative solutions for the transportation of fish and other aquatic species. The company operates under the Central Index Key (CIK) 0001813227 and is incorporated in Delaware. Its headquarters are located at 2001 West Garfield Street, Pier 91, Port of Seattle, Washington.
The recent filing, dated October 29, 2026, indicates that the company is amending its previous offering to extend the deadline for its capital raise. The nature of the amendment states, "The issuer is extending their raise to December 31, 2026." This extension allows Whooshh Innovations to attract additional investments while providing potential investors with more time to participate in the offering.
The filing outlines the offering details, including the type of security offered, which is common stock. Whooshh Innovations plans to offer 5,000 shares at a price of $2.00 each, with a maximum offering amount of $1,235,000. The intermediary involved in the offering will receive a cash compensation of 4.9% for the first $500,000 in securities sold and 4.25% for amounts over that threshold.
This extension may impact various stakeholders, including the company's current employees, investors, and potential new investors. Currently, Whooshh Innovations employs 13 individuals and reported total assets of approximately $762,133 for the most recent fiscal year. The company has also faced challenges, reporting a net income loss of $2,219,279 in the last fiscal year.
Moving forward, it remains to be seen how this extended deadline will affect Whooshh Innovations' fundraising efforts and overall financial health. The filing does not specify what the next steps will be following this extension.
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