Data / Crowdfunding / Texas / Armbrust Inc.
Armbrust Inc.: crowdfunding raise on Wefunder Portal LLC, $147,000 to $1,070,000 (2021)
Armbrust Inc., a corporation in Pflugerville, TX, filed a Form C with the SEC on January 27, 2021 to raise $147,000 to $1,070,000 in Promissory note with royalty through Wefunder Portal LLC. The offering closed on April 30, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $202, with 21 employees.
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- Website
- armbrustusa.com
- Funding portal
- Wefunder Portal LLC
- Address
- 3813A Helios Way, Unit 290, Pflugerville, TX 78660
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 29, 2018
- SEC CIK
- 0001826050
Offering terms
From the amendment filed January 27, 2021.
- Security
- Promissory note with royalty
- Price
- $1.00
- Target
- $147,000
- Maximum
- $1,070,000
- Deadline
- April 30, 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/A filed January 27, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-202 | $-2,532 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $-12 | $90 | sec.gov |
| Cash | $-12 | $90 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,581 | $2,581 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 27, 2021 | Amendment | $147,000 | $1,070,000 | April 30, 2021 | Extending offering date. | sec.gov |
| October 6, 2020 | Offering | $147,000 | $1,070,000 | January 21, 2021 | sec.gov |
Updated January 27, 2021. 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.