Data / Crowdfunding / Florida / Happy Tax Holding Corp
Happy Tax Holding Corp: crowdfunding raise on Wefunder Portal LLC, $86,257 to $827,795 (2017)
Happy Tax Holding Corp, a corporation in Miami, FL, filed a Form C with the SEC on November 30, 2017 to raise $86,257 to $827,795 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on December 4, 2017. In its most recent fiscal year it reported $1,657,547 in revenue and $594,005 in net income, with 10 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
- GetHappyTax.com
- Funding portal
- Wefunder Portal LLC
- Address
- 350 Lincoln Road, Miami, FL 33139
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 23, 2017
- SEC CIK
- 0001690781
Offering terms
From the amendment filed November 30, 2017.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $86,257
- Maximum
- $827,795
- Deadline
- December 4, 2017
- Portal compensation
- 4.0% 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-U filed December 21, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,657,547 | $861,414 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $594,005 | $-281,290 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $984,487 | $217,485 | sec.gov |
| Cash | $233,492 | $60,204 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $310,468 | $366,305 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 21, 2017 | Progress update | $86,257 | $827,795 | December 4, 2017 | $369,150.00 in investments. Payments are still being processed; final number is yet to be determined. | sec.gov |
| November 30, 2017 | Amendment | $86,257 | $827,795 | December 4, 2017 | Changed deadline date, included video transcripts, and updated business plan. | sec.gov |
| November 6, 2017 | Offering | $86,257 | $827,795 | February 2, 2018 | sec.gov | |
| October 25, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| October 17, 2017 | Progress update | $100,000 | $1,000,000 | May 11, 2017 | The final number is $242,205.00 in investments. | sec.gov |
| May 19, 2017 | Withdrawal | Not listed | Not listed | sec.gov | ||
| May 15, 2017 | Amendment | $100,000 | $1,000,000 | May 12, 2017 | A glitch caused this C/A to be filed as a Form C on 2017-05-05. This amends the deadline for an early close and updates related party transaction disclosures. The correct deadline was 2017-05-11, but EDGAR limitations require us to set the date to today. | sec.gov |
| May 8, 2017 | Offering | $100,000 | $1,000,000 | May 11, 2017 | sec.gov | |
| April 5, 2017 | Offering | $100,000 | $1,000,000 | August 28, 2017 | sec.gov |
Updated December 21, 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.