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This isn’t Shark Wheel’s most recent raise. Reg CF · Convertible Note · Sep 2026 (Open) is more current.View latest round
Shark Wheel

Reg CF · Common Stock · Nov 2019

ClosedReached targetReg CFCommon Equity
via WeFunderView campaign
Raised
$593.5K / $541.3K max
100% of ceiling · target hit day 10
Investors
766
$774.8 avg
Post-money valuation
$30.6M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$541K$271K$0
7703850
Nov 26, 2019 · openedApr 29, 2020 · last reading
Target ($50K) hit — Dec 6, 2019, day 10Deadline Mar 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

FY2017–FY2018 · hover for source
$709K
FY2017
$612K
−$993K
FY2018
RevenueNet income
Metric
FY2017
FY2018 audited
Income statement
Revenue
$708,820
$611,690
Cost of goods sold
$313,314
$412,667
Gross margin
56%
33%
Net income
$0
-$992,571
Taxes paid
$15,652
$7,575
Balance sheet
Cash
$233,640
$247,545
Accounts receivable
$4,138
$2,335,180
Total assets
$162,718
$1,489,554
Short-term debt
$55,369
$74,096
Long-term debt
$0
$2,135,089
Total liabilities
$55,369
$2,209,185
Other
Headcount
4
4

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

Amendments to this offering

2 amendments
  1. Jan 24, 2020
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Jan 24, 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

Pre-money$30M
Post-money$30.6M
Price / share$1.77
Shares offered29,070

Offering details

Target$50,000
Max$541,306
Min investment$300
OpenedNov 26, 2019
DeadlineMar 27, 2020
ClosedApr 29, 2020
Days active155

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-19-000686

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.