Data / Crowdfunding / California / Dispatch Goods, Inc.
Dispatch Goods, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2020)
Dispatch Goods, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on May 13, 2020 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on May 20, 2020. In its most recent fiscal year it reported $34,888 in revenue and a net loss of $146,926, with 5 employees.
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- Website
- dispatchgoods.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 1287 42ND AVE, San Francisco, CA 94122
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 31, 2019
- SEC CIK
- 0001799973
Offering terms
From the amendment filed May 13, 2020.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- May 20, 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 | $34,888 | $0 | sec.gov |
| Cost of goods sold | $24,332 | $0 | sec.gov |
| Net income | $-146,926 | $-26,727 | sec.gov |
| Taxes paid | $11,774 | $0 | sec.gov |
| Total assets | $282,877 | $1,273 | sec.gov |
| Cash | $154,484 | $1,273 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $5,756 | $3,000 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 12, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 3, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 21, 2020 | Progress update | $25,000 | $1,070,000 | May 20, 2020 | The Offering closed successfully on May 20, 2020, having received investment commitments of approximately $79,302, although a final accounting has not taken place. | sec.gov |
| May 13, 2020 | Amendment | $25,000 | $1,070,000 | May 20, 2020 | The Issuer, having met its target offering amount, is shortening the deadline in compliance with Reg CF Rule 304(b) to May 20, 2020. | sec.gov |
| February 3, 2020 | Offering | $25,000 | $1,070,000 | May 31, 2020 | sec.gov |
Updated May 12, 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.