Data / Crowdfunding / Tennessee / afocusedpath.com, INC
afocusedpath.com, INC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2020)
afocusedpath.com, INC, a corporation in Memphis, TN, filed a Form C with the SEC on December 14, 2020 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 1, 2021. In its most recent fiscal year it reported $47,786 in revenue and $20,413 in net income, with 1 employees.
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- Website
- www.afocusedpath.com
- Funding portal
- Wefunder Portal LLC
- Address
- 99 N Main Street #2102, Memphis, TN 38103
- Legal form
- Corporation
- Jurisdiction
- TN
- Incorporated
- September 29, 2018
- SEC CIK
- 0001830494
Offering terms
From the offering filed December 14, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- April 1, 2021
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed December 14, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $47,786 | $600 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $20,413 | $-21 | sec.gov |
| Taxes paid | $7,974 | $100 | sec.gov |
| Total assets | $28,466 | $100 | sec.gov |
| Cash | $25,279 | $0 | sec.gov |
| Accounts receivable | $3,187 | $100 | sec.gov |
| Short-term debt | $8,074 | $121 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 14, 2020 | Offering | $50,000 | $250,000 | April 1, 2021 | sec.gov |
Updated December 14, 2020. 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.