Data / Crowdfunding / Delaware / Familify Corp
Familify Corp: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2022)
Familify Corp, a corporation in Dover, DE, filed a Form C with the SEC on April 5, 2022 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $1,197,616 in revenue and a net loss of $1,362,895, with 1 employees.
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- Website
- www.storybook-app.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 8 THE GREEN, STE. A STE A, Dover, DE 19901
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 25, 2020
- SEC CIK
- 0001900822
Offering terms
From the amendment filed April 5, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 26, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,197,616 | $543,208 | sec.gov |
| Cost of goods sold | $239,452 | $126,757 | sec.gov |
| Net income | $-1,362,895 | $-1,012,193 | sec.gov |
| Taxes paid | $1,352 | $1,200 | sec.gov |
| Total assets | $1,524,798 | $684,628 | sec.gov |
| Cash | $1,035,113 | $496,519 | sec.gov |
| Accounts receivable | $10,260 | $260 | sec.gov |
| Short-term debt | $500,940 | $297,179 | sec.gov |
| Long-term debt | $199,122 | $3,015,594 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 26, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 26, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 4, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2022 | Progress update | $25,000 | $1,070,000 | April 30, 2022 | The Offering closed successfully on 5/1/2022, having received commitments of $230,135, although a final accounting has not taken place. | sec.gov |
| April 5, 2022 | Amendment | $25,000 | $1,070,000 | April 30, 2022 | This non-material amendment is filed to note the change in Escrow Agent. | sec.gov |
| February 22, 2022 | Offering | $25,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated April 26, 2024. 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.