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Savannah Sauce Company

Reg CF · Convertible Note · Jun 2020

WithdrawnReg CFConvertible Note
via WeFunderView campaign
Raised
$28.8K / $250K max
12% of ceiling
Investors
83
$347.3 avg
Valuation cap
$2M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$29K$14K$0
83420
Jun 5, 2020 · openedSep 28, 2020 · last reading
Deadline Aug 27, 2020

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
$97K
$19K
FY2018
$137K
$44K
FY2019
RevenueNet income
Metric
FY2018 reviewed*
FY2019 reviewed*
Income statement
Revenue
$96,515
$137,051
Cost of goods sold
$61,952
$43,629
Gross margin
36%
68%
Net income
$18,667
$43,788
Taxes paid
$0
$0
Balance sheet
Cash
$36,047
$89,679
Accounts receivable
$0
$0
Total assets
$91,199
$134,983
Short-term debt
$0
$0
Long-term debt
$0
$0
Total liabilities
$0
$0
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. Aug 5, 2020
    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$2M ($1M early bird)
Conversion discount10%
Interest rate2%

Perks

$1m valuation cap$30K+

Offering details

Target$50,000
Max$250,000
Min investment$100
OpenedJun 5, 2020
DeadlineAug 27, 2020
ClosedSep 28, 2020
Days active115

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000376

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.