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This isn’t Magfast’s most recent raise. Reg CF · Common Stock · Jun 2026 (Open) is more current.View latest round
Magfast

Reg CF · Common Stock · Apr 2026

ClosedReached targetReg CFCommon Equity
via Netcapital · last checked Sep 26, 2026
Raised
$444.3K / $4.7M max
10% of ceiling
Investors
—
—
Estimated pre-money
$41.8M
—

Financials disclosed in this offering

FY2024–FY2025 · hover for source
$1.4M
−$2.7M
FY2024
$1.1M
−$1.9M
FY2025
RevenueNet income
Metric
FY2024 audited
FY2025 audited
Income statement
Revenue
$1,397,546
$1,066,334
Cost of goods sold
$783,408
$353,168
Gross margin
44%
67%
Net income
-$2,663,700
-$1,875,674
Taxes paid
$0
$0
Balance sheet
Cash
$75,536
$375,030
Accounts receivable
$0
$0
Total assets
$2,262,369
$3,037,249
Short-term debt
$434,859
$379,640
Long-term debt
$0
$0
Total liabilities
$434,859
$379,640
Other
Headcount
2
2

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. Apr 24, 2026
    No change to filed terms

    “updated the offering page text.”

    Form C/A on EDGAR ↗
  2. Apr 23, 2026
    No change to filed terms

    “issuer updated offering page.”

    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

Est. pre-money$41.8M
Price / share$15.77
Shares offered635

Estimated, not stated: $15.77 × 2,650,262 securities outstanding as of Dec 31, 2024 (Form C-AR filed Apr 17, 2026, p. 36).

Offering details

Target$10,014
Max$4,652,150
Min investment—
OpenedApr 17, 2026
DeadlineMay 8, 2026
ClosedMay 8, 2026
Days active21

Links & provenance

SEC filing
Source: SEC EDGAR
0001669191-26-000123
Last synced Sep 26, 2026

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.