Data / Crowdfunding / Massachusetts / Finnest, Inc.
Finnest, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $106,999 (2018)
Finnest, Inc., a corporation in Boston, MA, filed a Form C with the SEC on March 26, 2018 to raise $10,000 to $106,999 in common stock through NetCapital Funding Portal Inc.. The offering closed on May 22, 2018. In its most recent fiscal year it reported $1,587 in revenue and a net loss of $290,971, with 3 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
- www.finnest.co
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 129 Newbury Street Second Floor, Boston, MA 02116
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 22, 2017
- SEC CIK
- 0001734702
Offering terms
From the amendment filed March 26, 2018.
- Security
- Common Stock
- Price
- $0.41
- Target
- $10,000
- Maximum
- $106,999
- Deadline
- May 22, 2018
- Portal compensation
- Up to 4.9% of amount raised for a successful offering
Financials
From the Form C-AR filed April 19, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,587 | $0 | sec.gov |
| Cost of goods sold | $10,210 | $0 | sec.gov |
| Net income | $-290,971 | $-3,952 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $213,531 | $5,048 | sec.gov |
| Cash | $201,916 | $2,198 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 19, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 23, 2018 | Progress update | $10,000 | $106,999 | May 22, 2018 | End of offering. Issuer raised an estimated $106,983. | sec.gov |
| March 26, 2018 | Amendment | $10,000 | $106,999 | May 22, 2018 | Amending language for Regulation CF | sec.gov |
| March 23, 2018 | Offering | $10,000 | $106,999 | May 22, 2018 | sec.gov |
Updated April 19, 2019. 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.