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Reg CF · Convertible Note · Feb 2021

ClosedReg CFConvertible Note
via WeFunderView campaign
Raised
$8.7K / $250K max
3% of ceiling
Investors
22
$395.5 avg
Valuation cap
$5M
cap, not an agreed valuation

Raised over time

Cumulative raised
$9K$5K$0
Feb 19, 2021 · openedApr 30, 2021 · last reading
Deadline Apr 30, 2021 — 0 days out

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

Financials disclosed in this offering

FY2018–FY2019 · hover for source
$287K
−$51K
FY2018
$391K
−$132K
FY2019
RevenueNet income
Metric
FY2018 unaudited
FY2019 unaudited
Income statement
Revenue
$286,990
$391,389
Cost of goods sold
$152,133
$203,362
Gross margin
47%
48%
Net income
-$50,667
-$132,476
Taxes paid
$11,202
$24,100
Balance sheet
Cash
$8,514
$0
Accounts receivable
$6,400
$19,043
Total assets
$737,418
$765,404
Short-term debt
$1,043,245
$1,149,051
Long-term debt
$0
$0
Total liabilities
$1,043,245
$1,149,051
Other
Headcount
—
1

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

Deal terms

Valuation cap$5M ($4M early bird)
Conversion discount20%
Interest rate6%

Perks

First $100K will invest in a convertible note with a $4M valuation cap and 20% discount.first $100K

Offering details

Target$100,000
Max$250,000
Min investment$100
OpenedFeb 19, 2021
DeadlineApr 30, 2021
ClosedMay 1, 2021
Days active71

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-21-000080

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.