Data / Crowdfunding / California / Happy gifts Inc
Happy gifts Inc: crowdfunding raise on OpenDeal Inc., $50,000 to $107,000 (2017)
Happy gifts Inc, a corporation in Los Angeles, CA, filed a Form C with the SEC on September 8, 2017 to raise $50,000 to $107,000 in Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Inc.. The offering closed on November 7, 2017. In its most recent fiscal year it reported $80,071 in revenue and a net loss of $267,386, with 9 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.ivoryclasp.com
- Funding portal
- OpenDeal Inc.
- Address
- 833 S SPRING ST #208, Los Angeles, CA 90014
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 6, 2017
- SEC CIK
- 0001713410
Offering terms
From the offering filed September 8, 2017.
- Security
- Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $107,000
- Deadline
- November 7, 2017
- Portal compensation
- 5% of the amount raised
Financials
From the Form C-U filed November 17, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $80,071 | $0 | sec.gov |
| Cost of goods sold | $69,717 | $0 | sec.gov |
| Net income | $-267,386 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $111,450 | $0 | sec.gov |
| Cash | $87,960 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $16,250 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 17, 2017 | Progress update | $50,000 | $107,000 | November 7, 2017 | Issuer failed to reach its target offering amount, all investor's funds committed were returned by the escrow agent. | sec.gov |
| September 8, 2017 | Offering | $50,000 | $107,000 | November 7, 2017 | sec.gov |
Updated November 17, 2017. 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.