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Shippingport Brewing Co.

Reg CF · Convertible Note · Dec 2023

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$116.7K / $700K max
17% of ceiling · target hit day 2
Investors
57
$2K avg
Valuation cap
$3.5M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$102K$51K$0
58290
Dec 14, 2023 · openedApr 28, 2024 · last reading
Target ($50K) hit — Dec 16, 2023, day 2Deadline Apr 29, 2024 — 1 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

FY2021–FY2022 · hover for source
$109K
−$90K
FY2021
$312K
−$1K
FY2022
RevenueNet income
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$108,657
$311,620
Cost of goods sold
$32,252
$73,097
Gross margin
70%
77%
Net income
-$89,921
-$1,343
Taxes paid
$12,401
$42,280
Balance sheet
Cash
$15,286
$894
Accounts receivable
$0
$0
Total assets
$190,913
$161,619
Short-term debt
$0
$0
Long-term debt
$200,725
$201,682
Total liabilities
$200,725
$201,682
Other
Headcount
—
2

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

Amendments to this offering

1 amendment
  1. Dec 20, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Valuation cap$3.5M ($3M early bird)

Perks

First $350K of investments will be in a convertible note with a $3M valuation cap and 15% discountfirst $350K

Offering details

Target$50,000
Max$700,000
Min investment$100
OpenedDec 14, 2023
DeadlineApr 29, 2024
ClosedApr 30, 2024
Days active138

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-23-001109

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.