Data / Crowdfunding / California / GlobeChat, Inc.
GlobeChat, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2020)
GlobeChat, Inc., a corporation in San Juan Capistrano, CA, filed a Form C with the SEC on September 25, 2020 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on January 15, 2021. In its most recent fiscal year it reported $120 in revenue and a net loss of $14,519, with 2 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.globechat.com
- Funding portal
- Wefunder Portal LLC
- Address
- 29200 Paseo Carmona, San Juan Capistrano, CA 92675
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 1, 2016
- SEC CIK
- 0001701254
Offering terms
From the offering filed September 25, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- January 15, 2021
- Portal compensation
- 5.0% 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 September 25, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $120 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-14,519 | $-16,546 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $46,756 | $69,675 | sec.gov |
| Cash | $6,054 | $25,782 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $8,400 | sec.gov |
| Long-term debt | $102,424 | $102,424 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 25, 2020 | Offering | $50,000 | $250,000 | January 15, 2021 | sec.gov | |
| September 23, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 15, 2018 | Amendment | $100,000 | $1,000,000 | May 30, 2018 | Updated financial description, added description of rights, added new financial statements, updated financial figures, updated past raises. | sec.gov |
| March 1, 2018 | Amendment | $100,000 | $1,000,000 | April 30, 2018 | Extended deadline date, and updated business plan. | sec.gov |
| November 30, 2017 | Amendment | $100,000 | $1,000,000 | February 28, 2018 | Extended deadline date, and updated business plan. | sec.gov |
| October 19, 2017 | Amendment | $100,000 | $1,000,000 | December 1, 2017 | Extended deadline date, and updated business plan. | sec.gov |
| March 29, 2017 | Offering | $100,000 | $1,000,000 | September 25, 2017 | sec.gov |
Updated September 25, 2020. 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.