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

Reg CF Offering (2021)

ClosedReached targetReg CFCommon Equity

via Netcapital · last checked Aug 17, 2026

Raised

$5M / $5M max

100% of ceiling · target hit day 11

Investors

—

Valuation

—

Raised over time

Cumulative raised

$3.1M$1.5M$0

Nov 10, 2021 · openedDec 2, 2021 · last reading

Target ($10K) hit — Nov 21, 2021, day 11$1.0M raised — Nov 21, 2021Deadline Dec 2, 2021 — 0 days out

Left axis: cumulative dollars raised. Live figures via Netcapital, last checked Aug 17, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2019–FY2020 · hover for source

−$2.4M

FY2019

−$4.8M

FY2020

RevenueNet income

Deal terms

Price / share$14.23

Shares offered703

Perks

This offering must raise at least $10,000 by 12/2/21, if target not reahed, money will be refunded

Offering details

Target$10,004

Max$4,999,986

Min investment$100

OpenedNov 10, 2021

DeadlineDec 2, 2021

ClosedDec 2, 2021

Days active22

Links & provenance

SEC filing

Source: SEC EDGAR

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.