# Drop Water Corporation — Form C (Regulation Crowdfunding)

Drop Water Corporation of San Luis Obispo, CA filed a Form C (Regulation Crowdfunding) with the SEC on 2025-05-28. Target raise $124K, up to $1.2M. Offered through StartEngine Primary, LLC.

## Offering

- Filed: 2025-05-28
- Form: C
- Accession: 0001665160-25-001153
- Target amount: $124K
- Maximum amount: $1.2M
- Security type: Other
- Securities offered: 177,142
- Price: $0.7000
- Deadline: 2025-08-26
- Funding portal / intermediary: StartEngine Primary, LLC
- Intermediary file number: 008-70060

## Issuer

- CIK: 0002065437
- Website: https://www.dropwater.co/
- Legal status: Corporation
- Organized in: DE
- Incorporated: 2013-12-19
- Address: 850 Fiero Ln, San Luis Obispo, CA, 93401
- Employees: 9

## Financials (as filed)

- Total assets (most recent): $3.2M
- Cash (most recent): $1.0M
- Revenue (most recent): $48K
- Revenue (prior): $106K
- Net income (most recent): $-1.8M
- Net income (prior): $-1.8M
- Short-term debt: $165K
- Long-term debt: $4.9M

## People (4)

| Name | Role | Location |
| --- | --- | --- |
| Grant Morgan | Board Member | Salt Lake City, UT |
| Andrew Preston | Chief Financial Officer | Redwood City, CA |
| SCOTT EDWARDS | CEO, Secretary, Board Member | PHOENIX, AZ |
| Thomas Proulx | Board Member | San Francisco, CA |

## Reg CF filing history (2)

| Filed | Form | Target | Max |
| --- | --- | --- | --- |
| [2025-06-30](https://search.stillhousedata.com/formc/0001665160-25-001258) | C-U | $124K | $1.2M |

## More

- [CIK 2065437 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2065437&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/formc/0001665160-25-001153.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.