Data / Crowdfunding / District of Columbia / Cary Rx Inc
Cary Rx Inc: crowdfunding raise on Wefunder Portal LLC, $100,000 to $1,070,000 (2019)
Cary Rx Inc, a corporation in Washington, DC, filed a Form C with the SEC on February 22, 2019 to raise $100,000 to $1,070,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 20, 2019. In its most recent fiscal year it reported $58,646 in revenue and a net loss of $137,476, with 2 employees.
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- Website
- www.caryrx.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1300 7th st nw, Washington, DC 20001
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 13, 2015
- SEC CIK
- 0001757903
Offering terms
From the amendment filed February 22, 2019.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,070,000
- Deadline
- April 20, 2019
- Portal compensation
- 5.0% 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/A filed February 22, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $58,646 | $0 | sec.gov |
| Cost of goods sold | $57,209 | $0 | sec.gov |
| Net income | $-137,476 | $-53,209 | sec.gov |
| Taxes paid | $475 | $175 | sec.gov |
| Total assets | $156,075 | $66,884 | sec.gov |
| Cash | $15,950 | $-628 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $119,224 | $11,068 | sec.gov |
| Long-term debt | $161,375 | $45,676 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 22, 2019 | Amendment | $100,000 | $1,070,000 | April 20, 2019 | Increase early bird perk to first $200k of investors; update main contact | sec.gov |
| November 13, 2018 | Offering | $100,000 | $1,070,000 | April 20, 2019 | sec.gov |
Updated February 22, 2019. 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.