Renewables Inc
Regulation Crowdfunding offering on PicMii · Form C filed March 17, 2026 · Santa Rosa, California
Renewables, Inc., a California corporation incorporated July 11, 2024, is developing the e2T, a solar-electric, zero-emission mini tractor for small farms and municipalities, and is in the production prototype validation phase with no revenue reported through December 31, 2024. The Regulation CF offering seeks a minimum of $10,000 and a maximum of $618,000 in Common Stock at $1.00 per share, with a deadline of April 30, 2026.
Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.
Offering terms
- Security
- Common Stock
- Maximum
- $618,000.00
- Price
- $1.00 per unit
- Pricing method
- At the issuer's discretion.
- Deadline
- April 30, 2026
- Oversubscriptions
- Accepted
- Intermediary
- PicMii Crowdfunding LLC
Funding portal, SEC file 007-00246 - Intermediary fee
- Intermediary will receive cash compensation equal to 4.9% of the value of the securities sold through Regulation CF as well as a $1,500 listing fee.
- Intermediary equity
- N/A
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $0 | $0 |
| Cost of goods sold | $0 | $0 |
| Net income (loss) | -$209,995 | $0 |
| Total assets | $159,203 | $0 |
| Cash and equivalents | $4,076 | $0 |
| Accounts receivable | $0 | $0 |
| Short-term debt | $113,301 | $0 |
| Long-term debt | $46,423 | $0 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 1 employees. Offered in 64 states.
Use of proceeds
At target ($10,000): PicMii portal fee $490 (4.90%) and staffing and operational expenses $9,500.10 (95.10%). At maximum ($618,000): PicMii portal fee $30,282 (4.90%), staffing and operational expenses $339,900 (55.00%), tools and equipment $247,818 (40.10%). Management may change the allocation.
Valuation
Pre-money valuation of $7,213,208 including outstanding options (fully diluted pre-money $7,713,208), at $1.00 per share. Early Bird and Last Chance time-based bonuses of 10% bonus shares; Tier 1 amount-based bonus of 10% bonus shares for investments of $5,000 or more.
Prior raises
Not stated
Financial statements
Financial statements for the inception period ended December 31, 2024 are unaudited and reviewed by an independent accountant (review report, not audit). The review report carries a going-concern substantial doubt paragraph.