Data / Crowdfunding / FAVER, INC.
FAVER, INC.: crowdfunding raise on Fundme.com, Inc., $25,000 to $1,070,000 (2021)
FAVER, INC., a company, filed a Form C with the SEC on February 25, 2021 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through Fundme.com, Inc.. The offering closed on June 30, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $13,764.
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- Website
- www.faver.it
- Funding portal
- Fundme.com, Inc.
- SEC CIK
- 0001751606
Offering terms
From the amendment filed February 25, 2021.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- June 30, 2021
- Portal compensation
- The issuer shall pay to the Intermediary at the conclusion of the Offering a fee of five percent (5%) of the amount raised in the offering.
Financials
From the Form C-U filed October 18, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-13,764 | $-12,901 | sec.gov |
| Taxes paid | $1,175 | $980 | sec.gov |
| Total assets | $326,908 | $140,672 | sec.gov |
| Cash | $193,947 | $102,667 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $3,000,000 | $1,000,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 18, 2021 | Withdrawal | Not listed | Not listed | sec.gov | ||
| October 18, 2021 | Progress update | $25,000 | $1,070,000 | June 30, 2021 | At the close of the offering, the issuer closed on $25,000. | sec.gov |
| February 25, 2021 | Amendment | $25,000 | $1,070,000 | June 30, 2021 | Extending the date of the offering | sec.gov |
| December 1, 2020 | Amendment | $25,000 | $1,070,000 | February 28, 2021 | Report that the Company has sold $36,650 and extend offering deadline | sec.gov |
| September 11, 2020 | Amendment | $25,000 | $1,070,000 | November 30, 2020 | Correct Address and target offering amount | sec.gov |
| September 3, 2020 | Amendment | $400,000 | $1,070,000 | November 30, 2020 | Change the target amount, termination date and address of issuer. | sec.gov |
| August 24, 2020 | Offering | $25,000 | $1,070,000 | November 30, 2020 | sec.gov |
Updated October 18, 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.