Data / Crowdfunding / California / Exemplars Inc.
Exemplars Inc.: crowdfunding raise on Wefunder Portal LLC, $25,000 to $100,000 (2016)
Exemplars Inc., a corporation in Novato, CA, filed a Form C with the SEC on October 7, 2016 to raise $25,000 to $100,000 in Convertible Note through Wefunder Portal LLC. The offering closed on October 11, 2016. In its most recent fiscal year it reported $0 in revenue and a net loss of $174,663, with 6 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
- veditz.org
- Funding portal
- Wefunder Portal LLC
- Address
- 448 Ignacio Blvd #343, Novato, CA 94949
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 8, 2015
- SEC CIK
- 0001674387
Offering terms
From the amendment filed October 7, 2016.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- October 11, 2016
- Portal compensation
- 3.0% of the offering amount upon a successful fundraise.
Financials
From the Form C-U filed October 19, 2016.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-174,663 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $843,125 | $0 | sec.gov |
| Cash | $70,337 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $70,000 | $0 | sec.gov |
| Long-term debt | $175,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 19, 2016 | Progress update | $25,000 | $100,000 | October 18, 2016 | $54,620 in investments. Payments are still being processed; final number is yet to be determined. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 10-11-16 | sec.gov |
| October 7, 2016 | Amendment | $25,000 | $100,000 | October 11, 2016 | Push deadline back by one day due to federal holiday. | sec.gov |
| October 4, 2016 | Amendment | $25,000 | $100,000 | October 10, 2016 | Updated deadline date, updated business plan and included video transcript. | sec.gov |
| September 7, 2016 | Amendment | $25,000 | $100,000 | November 13, 2016 | New offering terms, lowered offering amount to $25K, updated use of funds and business plan. | sec.gov |
| May 17, 2016 | Offering | $50,000 | $100,000 | November 13, 2016 | sec.gov |
Updated October 19, 2016. 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.