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Reg CF · Convertible Note · Sep 2023

ClosedReg CFConvertible Note
via WeFunderView campaign
Raised
$62.8K / $3M max
2% of ceiling · target hit day 11
Investors
132
$476 avg
Valuation cap
$19.5M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$167K$83K$0
4.2K2.1K0
Sep 1, 2023 · openedApr 28, 2024 · last reading
Target ($125K) hit — Sep 12, 2023, day 11Deadline 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
$577K
$97K
FY2021
$753K
$7K
FY2022
RevenueNet income
Metric
FY2021 audited
FY2022 audited
Income statement
Revenue
$576,970
$753,160
Cost of goods sold
$230,384
$536,987
Gross margin
60%
29%
Net income
$97,031
$7,183
Taxes paid
$761
$751
Balance sheet
Cash
$106,767
$262,962
Accounts receivable
$0
$0
Total assets
$1,299,893
$1,469,864
Short-term debt
$761
$15,513
Long-term debt
$1,222,696
$1,370,732
Total liabilities
$1,223,457
$1,386,245
Other
Headcount
40
21

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 7, 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$19.5M ($15M early bird)

Perks

First $250K of investments will be in a convertible note with a $15M valuation cap and 20% discountfirst $250K

Offering details

Target$125,000
Max$3,000,000
Min investment$100
OpenedSep 1, 2023
DeadlineApr 29, 2024
ClosedApr 30, 2024
Days active242

Links & provenance

Source: Manual
0001670254-23-000796

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.