United States Securities and Exchange Commission · EDGAR Accession 0001665160-25-001299

Form C-U

Offering Progress Update — Regulation Crowdfunding
Campaign file 020-35783
Issuer CIK 1684283
Raising via StartEngine Primary, LLC

Shelter Distilling, Inc.

CorporationCAIncorporated 2016MAMMOTH LAKES, CAshelterdistilling.com
Progress updateAt the close of the offering, the issuer closed on $272,505.60 and 28,200 shares.
A

The Offering

as disclosed in this filing
Common Stock
$10.59
$19,994
$1,234,995
July 17, 2025
Expired 332 days ago
$0max $1,234,995

Target is 2% of the maximum. Over-subscriptions accepted.

B

Financial Condition

two fiscal years, as filed
Revenue +31% YoYBurn increasingDebt / assets 49%3 employees
Line itemMost recent FYPrior FYΔ
Revenue6,046,9824,609,654▲ 31%
Cost of goods sold1,983,5881,347,403▲ 47%
Net income(997,494)(692,260)▼ burn
Total assets14,228,59711,237,549▲ 27%
Cash & equivalents584,8211,928,539▼ 70%
Accounts receivable45,97830,313▲ 52%
Short-term debt1,323,1081,765,208▼ 25%
Long-term debt5,625,1772,370,115▲ 137%
Taxes paid00

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

C

Campaign Timeline

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