United States Securities and Exchange Commission · EDGAR Accession 0001709539-25-000004

Form C

Offering Statement — Regulation Crowdfunding
Issuer CIK 1709539
Raising via Wefunder Portal LLC

Shark Wheel, Inc.

CorporationDEIncorporated 2012Mission Viejo, CAsharkwheelag.com
A

The Offering

as disclosed in this filing
Other (Convertible Note)
$1.00
$50,000
$5,000,000
April 30, 2026
Expired 47 days ago
$0max $5,000,000

Target is 1% of the maximum. Over-subscriptions accepted.

B

Financial Condition

two fiscal years, as filed
Revenue −26% YoYBurn increasingDebt / assets 92%2 employees
Line itemMost recent FYPrior FYΔ
Revenue3,804,0105,151,127▼ 26%
Cost of goods sold3,337,7214,557,510▼ 27%
Net income(1,290,947)(918,868)▼ burn
Total assets2,475,1263,396,494▼ 27%
Cash & equivalents343,978360,581▼ 5%
Accounts receivable63,456386,900▼ 84%
Short-term debt1,231,9281,262,348▼ 2%
Long-term debt1,051,599651,599▲ 61%
Taxes paid00

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