Data / Crowdfunding / Delaware / Avenify Corp
Avenify Corp: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2020)
Avenify Corp, a corporation in Wilmington, DE, filed a Form C with the SEC on March 26, 2020 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 29, 2020. In its most recent fiscal year it reported $14,787 in revenue and $230,916 in net income, with 2 employees.
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- Website
- avenify.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 1000 N. WEST ST. SUITE 1200, Wilmington, DE 19801
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 28, 2018
- SEC CIK
- 0001784191
Offering terms
From the amendment filed March 26, 2020.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 29, 2020
- Portal compensation
- 6% of the amount raised in the Offering.
Financials
From the Form C-AR filed May 3, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $14,787 | $850 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $230,916 | $103,754 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $131,918 | $68,720 | sec.gov |
| Cash | $131,918 | $68,720 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $8,417 | $18,807 | sec.gov |
| Long-term debt | $154,650 | $154,650 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 3, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| September 23, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2020 | Progress update | $25,000 | $1,070,000 | April 29, 2020 | The Offering closed successfully on April 30, 2020, having received investment commitments of $301,909, although a final accounting has not taken place. | sec.gov |
| March 26, 2020 | Amendment | $25,000 | $1,070,000 | April 29, 2020 | The Form C/A is hereby to, among other changes, (1) extend the offering end date to April 29, 2020, and (2) update the form C regarding an intermediate close of $112,533.50 and withdrawal of approximately half of the amount. | sec.gov |
| November 6, 2019 | Amendment | $25,000 | $1,070,000 | March 30, 2020 | The Form C is hereby amended to raise the maximum offering amount to $1,070,000 and to extend the offering end date to March 30, 2020. | sec.gov |
| October 3, 2019 | Offering | $25,000 | $107,000 | December 31, 2019 | sec.gov |
Updated May 3, 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.