Data / Crowdfunding / Colorado / Adaptogens, a Public Benefit Corp
Adaptogens, a Public Benefit Corp: crowdfunding raise on Wefunder Portal LLC, $100,000 to $4,999,996 (2022)
Adaptogens, a Public Benefit Corp, a corporation in Boulder, CO, filed a Form C with the SEC on February 28, 2022 to raise $100,000 to $4,999,996 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $5,445,225 in revenue and a net loss of $1,627,295, with 10 employees.
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- Website
- wearerasa.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1601 29th St STE 1292 PMB 1017, Boulder, CO 80301
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 15, 2021
- SEC CIK
- 0001875718
Offering terms
From the amendment filed February 28, 2022.
- Security
- Preferred Stock
- Price
- $4.49
- Target
- $100,000
- Maximum
- $4,999,996
- Deadline
- April 30, 2022
- Portal compensation
- <p>6.5% of gross monies raised in the offering on any investment less than $25,000; the Portal will receive no commissions on individual investments greater than $25,000 if the Company provides Wefunder advanced notice of such individual investments.</p>
Financials
From the Form C-AR filed May 3, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,445,225 | $5,070,221 | sec.gov |
| Cost of goods sold | $2,797,060 | $2,594,148 | sec.gov |
| Net income | $-1,627,295 | $-1,044,779 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,431,983 | $2,654,774 | sec.gov |
| Cash | $953,385 | $234,451 | sec.gov |
| Accounts receivable | $18,270 | $19,271 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 16, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 3, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| February 28, 2022 | Amendment | $100,000 | $4,999,996 | April 30, 2022 | Adding information for principal security holders. | sec.gov |
| August 20, 2021 | Amendment | $100,000 | $4,999,996 | April 30, 2022 | Adding lead investor and switching from common to preferred stock. | sec.gov |
| August 2, 2021 | Offering | $100,000 | $4,999,998 | April 30, 2022 | sec.gov |
Updated May 16, 2024. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.