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ReGrained

Reg CF · Convertible Note · Jan 2018

ClosedReached targetReg CFConvertible Note
via FIRST DEMOCRACY VCView campaign
Raised
$514.6K / $1.1M max
48% of ceiling
Investors
—
—
Valuation cap
$10M
cap, not an agreed valuation

Financials disclosed in this offering

FY2015–FY2017 · hover for source
$53K
$26K
FY2015
$53K
$26K
FY2016
$59K
−$73K
FY2017
RevenueNet income
Metric
FY2015 reviewed*
FY2016 reviewed*
FY2017
Income statement
Revenue
$52,541
$52,541
$59,247
Cost of goods sold
$9,144
$9,144
$26,710
Gross margin
83%
83%
55%
Net income
$25,685
$25,685
-$73,335
Taxes paid
$0
$0
$0
Balance sheet
Cash
$31,174
$31,174
$201,857
Accounts receivable
$62
$62
$6,139
Total assets
$31,602
$31,602
$211,442
Short-term debt
$8,366
$8,366
$543
Long-term debt
$11,366
$11,366
$285,543
Total liabilities
$19,732
$19,732
$286,086
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

2 amendments
  1. Mar 9, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Jan 18, 2018
    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$10M
Conversion discount20%
Interest rate4%

Offering details

Target$50,000
Max$1,070,000
Min investment$100
OpenedJan 18, 2018
DeadlineMar 16, 2018
ClosedMay 30, 2018
Days active132

Links & provenance

Campaign pageSEC filing
Source: Manual
0001690165-18-000003

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.