This isn’t Magfast’s most recent raise. Reg CF Offering (2026-06-23) (Open) is more current.View latest round

Magfast Stock 1

ClosedReached targetReg CFCommon Equity

via NetcapitalView campaign

Raised

$1.1M / $1.1M max

98% of ceiling · target hit day 1

Investors

—

Post-money valuation

$21.1M

pre-money + amount raised

Raised over time

Cumulative raised

$1.1M$535K$0

Nov 27, 2020 · openedDec 17, 2020 · last reading

Target ($10K) hit — Nov 28, 2020, day 1$1.0M raised — Nov 28, 2020Deadline Dec 17, 2020 — 0 days out

Left axis: cumulative dollars raised. Live figures via Netcapital; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2018–FY2019 · hover for source

−$885K

FY2018

−$2.4M

FY2019

RevenueNet income

Metric

FY2018

FY2019

Deal terms

Pre-money$20M

Post-money$21.1M

Price / share$10.00

Shares offered1,000

Offering details

Target$10,000

Max$1,070,000

Min investment$100

OpenedNov 27, 2020

DeadlineDec 17, 2020

ClosedDec 17, 2020

Days active20

Links & provenance

Campaign page

Source: Manual
0001669191-20-000694

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.