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Reg CF · Convertible Note · Sep 2020

ClosedReg CFConvertible Note
via WeFunderView campaign
Raised
$300 / $1.1M max
0% of ceiling
Investors
—
—
Valuation cap
$25M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$23K$12K$0
740
Sep 4, 2020 · openedDec 2, 2020 · last reading
Deadline Dec 2, 2020 — 0 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2018–FY2019 · hover for source
$2.2M
−$365K
FY2018
$2.7M
−$782K
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed
Income statement
Revenue
$2,163,035
$2,747,844
Cost of goods sold
$857,728
$709,065
Gross margin
60%
74%
Net income
-$364,765
-$781,843
Taxes paid
$0
$21,131
Balance sheet
Cash
$128,245
$36,385
Accounts receivable
$46,817
$22,666
Total assets
$520,040
$4,662,458
Short-term debt
$176,128
$4,242,455
Long-term debt
$32,377
$527,497
Total liabilities
$208,505
$4,769,952
Other
Headcount
—
50

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Deal terms

Valuation cap$25M
Conversion discount15%
Interest rate6%

Perks

Valuation CAP: US $4,000,000 no later than Sep 18, 2020 US $4,500,000 no later than Oct 9, 2020$4M+

Offering details

Target$250,000
Max$1,070,000
Min investment$100
OpenedSep 4, 2020
DeadlineDec 2, 2020
ClosedDec 2, 2020
Days active89

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000756

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.