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Fabalish

Reg CF · Convertible Note · Sep 2021

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$409.8K / $1.1M max
38% of ceiling · target hit day 1
Investors
296
$1.4K avg
Valuation cap
$6M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$405K$203K$0
2581290
Sep 23, 2021 · openedFeb 28, 2022 · last reading
Target ($50K) hit — Sep 24, 2021, day 1Deadline Apr 30, 2022 — 61 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

FY2019–FY2020 · hover for source
$65K
−$160K
FY2019
$232K
−$489K
FY2020
RevenueNet income
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$64,745
$232,120
Cost of goods sold
$50,876
$173,324
Gross margin
21%
25%
Net income
-$159,621
-$488,866
Taxes paid
$0
$0
Balance sheet
Cash
$241,879
$90,152
Accounts receivable
$7,831
$9,541
Total assets
$268,993
$127,435
Short-term debt
$13,271
$90,429
Long-term debt
$395,200
$712,999
Total liabilities
$408,471
$803,428
Other
Headcount
—
7

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

Deal terms

Valuation cap$6M
Conversion discount15%
Interest rate2.5%

Perks

Invest $250+ get two free products included with your next purchase at fabalish.com$250+

Offering details

Target$50,000
Max$1,070,000
Min investment$100
OpenedSep 23, 2021
DeadlineApr 30, 2022
ClosedFeb 28, 2022
Days active158

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-21-000907

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.