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This isn’t Boaz Bikes’s most recent raise. Reg CF · Convertible Note · Sep 2023 (Closed) is more current.View latest round
Boaz Bikes

Reg CF · Convertible Note · Aug 2020

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$1.2M / $3M max
41% of ceiling · target hit day 95
Investors
3,010
$258.9 avg
Valuation cap
$15M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$779K$390K$0
3.0K1.5K0
Aug 20, 2020 · openedFeb 28, 2021 · last reading
Target ($125K) hit — Nov 23, 2020, day 95Deadline Apr 30, 2022 — 426 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

FY2018–FY2019 · hover for source
$0
FY2018
$36K
−$291K
FY2019
RevenueNet income
Metric
FY2018
FY2019 audited*
Income statement
Revenue
$0
$36,466
Cost of goods sold
$0
$19,175
Gross margin
—
47%
Net income
$0
-$291,057
Taxes paid
$0
$18,000
Balance sheet
Cash
$0
$16,257
Accounts receivable
$0
$0
Total assets
$0
$56,943
Short-term debt
$0
$75,000
Long-term debt
$0
$290,414
Total liabilities
$0
$75,000
Other
Headcount
—
7

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

Amendments to this offering

4 amendments
  1. Aug 13, 2021
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. May 17, 2021
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  3. Apr 21, 2021
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  4. Jan 27, 2021
    Terms not yet extracted from this filing
    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

Valuation cap$15M ($10M early bird)
Conversion discount10%
Interest rate8%

Perks

First $150K will invest in a convertible note with a $10M valuation cap.first $150K

Offering details

Target$125,000
Max$3,000,000
Min investment$100
OpenedAug 20, 2020
DeadlineApr 30, 2022
ClosedFeb 28, 2021
Days active192

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000685

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.