Data / Crowdfunding / New York / DIEMLIFE INC
DIEMLIFE INC: crowdfunding raise on Wefunder Portal LLC, $100,000 to $1,070,000 (2020)
DIEMLIFE INC, a corporation in New York, NY, filed a Form C with the SEC on December 9, 2020 to raise $100,000 to $1,070,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on December 31, 2020. In its most recent fiscal year it reported $160,634 in revenue and a net loss of $88,116, with 2 employees.
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- Website
- diem.life
- Funding portal
- Wefunder Portal LLC
- Address
- 85 East 10th Street Ste M, New York, NY 10003
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 8, 2016
- SEC CIK
- 0001814046
Offering terms
From the amendment filed December 9, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,070,000
- Deadline
- December 31, 2020
- Portal compensation
- <p>7.5% of the offering amount upon a successful fundraise.</p>
Financials
From the Form C/A filed December 9, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $160,634 | $66,669 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-88,116 | $-69,119 | sec.gov |
| Taxes paid | $229 | $57 | sec.gov |
| Total assets | $167,422 | $114,458 | sec.gov |
| Cash | $41,811 | $36,430 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $61,798 | $20,718 | sec.gov |
| Long-term debt | $350,000 | $250,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 9, 2020 | Amendment | $100,000 | $1,070,000 | December 31, 2020 | Adding lead investor. | sec.gov |
| June 30, 2020 | Offering | $100,000 | $1,070,000 | September 30, 2020 | sec.gov |
Updated December 9, 2020. 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.