Data / Crowdfunding / femPAQ Inc.
femPAQ Inc.: crowdfunding raise on Wefunder Portal LLC, $50,009 to $1,199,997 (2023)
femPAQ Inc., a company, filed a Form C with the SEC on October 27, 2023 to raise $50,009 to $1,199,997 in preferred stock through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $686,958 in revenue and a net loss of $478,409, with 7 employees.
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- Website
- www.geysersystems.com
- Funding portal
- Wefunder Portal LLC
- SEC CIK
- 0001856309
Offering terms
From the offering filed October 27, 2023.
- Security
- Preferred Stock
- Price
- $7.84
- Target
- $50,009
- Maximum
- $1,199,997
- Deadline
- April 29, 2024
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed October 27, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $686,958 | $1,036,674 | sec.gov |
| Cost of goods sold | $615,209 | $865,719 | sec.gov |
| Net income | $-478,409 | $-264,817 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $480,023 | $707,526 | sec.gov |
| Cash | $98,076 | $156,383 | sec.gov |
| Accounts receivable | $39,701 | $48,268 | sec.gov |
| Short-term debt | $426,619 | $359,343 | sec.gov |
| Long-term debt | $963,524 | $849,970 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 31, 2023 | Withdrawal | Not listed | Not listed | sec.gov | ||
| October 27, 2023 | Offering | $50,009 | $1,199,997 | April 29, 2024 | sec.gov | |
| September 28, 2023 | Offering | $30,000 | $124,000 | April 29, 2024 | sec.gov |
Updated October 31, 2023. 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.