Form C-U — Offering Progress Update

United States Securities and Exchange Commission · EDGAR Accession 0001872856-26-000162

Geoship SPC

OtherWAIncorporated 2014GRASS VALLEY, CAgeoship.is

Progress updateThe Offering ended on April 30, 2026 having closed on funds totaling $1,373,308.37, although final accounting has yet to take place.

The Offering

as disclosed in this filing

SecurityOther (Membership Units in the Co-Issuer (defined herein as the "Membership Units"), which will use investor proceeds to purchase a corresponding SAFE (Simple Agreement for Future Equity) from the Issuer.)

Price$1.00

Target$10,350

Maximum$3,726,000

DeadlineApril 30, 2026

Expired 45 days ago

$0max $3,726,000

Target is 0% of the maximum. Over-subscriptions accepted.

Financial Condition

two fiscal years, as filed

Pre-revenueBurn increasingDebt / assets 17%42 employees

Line item	Most recent FY	Prior FY	Δ
Revenue	0	0	—
Cost of goods sold	0	0	—
Net income	(3,289,864)	(1,910,888)	▼ burn
Total assets	5,206,702	1,640,617	▲ 217%
Cash & equivalents	3,576,407	1,105,863	▲ 223%
Accounts receivable	700	0	—
Short-term debt	20,000	275,000	▼ 93%
Long-term debt	865,619	841,236	▲ 3%
Taxes paid	0	0	—

Figures in USD as reported by the issuer. Securities offered in all 50 states.

Campaign Timeline

file 020-36761 · all filings under this campaign

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