Data / Crowdfunding / Washington / Buttonsmith Inc.
Buttonsmith Inc.: crowdfunding raise on Wefunder Portal LLC, $99,999 to $4,999,998 (2022)
Buttonsmith Inc., a corporation in Carnation, WA, filed a Form C with the SEC on April 29, 2022 to raise $99,999 to $4,999,998 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $2,421,150 in revenue and a net loss of $761,583, with 11 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- buttonsmith.com
- Funding portal
- Wefunder Portal LLC
- Address
- 31722 East Eugene St. #9 PO Box 1300, Carnation, WA 98014
- Legal form
- Corporation
- Jurisdiction
- WA
- Incorporated
- May 9, 2014
- SEC CIK
- 0001899708
Offering terms
From the amendment filed April 29, 2022.
- Security
- Preferred Stock
- Price
- $11.81
- Target
- $99,999
- Maximum
- $4,999,998
- Deadline
- April 30, 2023
- 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 April 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,421,150 | $5,522,792 | sec.gov |
| Cost of goods sold | $1,179,001 | $3,318,043 | sec.gov |
| Net income | $-761,583 | $-686,755 | sec.gov |
| Taxes paid | $11,248 | $9,356 | sec.gov |
| Total assets | $1,174,273 | $1,489,134 | sec.gov |
| Cash | $242,778 | $103,511 | sec.gov |
| Accounts receivable | $0 | $2,445 | sec.gov |
| Short-term debt | $536,398 | $149,758 | sec.gov |
| Long-term debt | $573,440 | $516,126 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2022 | Amendment | $99,999 | $4,999,998 | April 30, 2023 | Extending closing date and updating financials - Casey | sec.gov |
| January 13, 2022 | Offering | $99,999 | $4,999,998 | April 30, 2022 | sec.gov |
Updated April 29, 2022. 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.