Data / Crowdfunding / Massachusetts / Block Chaser, Inc
Block Chaser, Inc: crowdfunding raise on Wefunder Portal LLC, $20,000 to $99,900 (2017)
Block Chaser, Inc, a corporation in Framingham, MA, filed a Form C with the SEC on May 26, 2017 to raise $20,000 to $99,900 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on November 24, 2017. In its most recent fiscal year it reported $49,604 in revenue and a net loss of $838,095, with 3 employees.
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- Website
- www.blockchaser.com
- Funding portal
- Wefunder Portal LLC
- Address
- 233 Cochituate Rd, Framingham, MA 01701
- Legal form
- Corporation
- Jurisdiction
- MA
- Incorporated
- February 25, 2016
- SEC CIK
- 0001704167
Offering terms
From the offering filed May 26, 2017.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $20,000
- Maximum
- $99,900
- Deadline
- November 24, 2017
- Portal compensation
- 4.0% 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 May 26, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $49,604 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-838,095 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $132,705 | $0 | sec.gov |
| Cash | $76,826 | $0 | sec.gov |
| Accounts receivable | $36,000 | $0 | sec.gov |
| Short-term debt | $60,700 | $0 | sec.gov |
| Long-term debt | $910,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 26, 2017 | Offering | $20,000 | $99,900 | November 24, 2017 | sec.gov |
Updated May 26, 2017. 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.