Data / Crowdfunding / New York / HelloAva
HelloAva: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $1,070,000 (2019)
HelloAva, a corporation in New York, NY, filed a Form C with the SEC on November 1, 2019 to raise $50,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on March 15, 2020. In its most recent fiscal year it reported $391,412 in revenue and a net loss of $342,364, with 4 employees.
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- Website
- www.helloava.co
- Funding portal
- OpenDeal Portal LLC
- Address
- 110 WALL ST 2nd FL, New York, NY 10005
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 20, 2016
- SEC CIK
- 0001777204
Offering terms
From the amendment filed November 1, 2019.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- March 15, 2020
- Portal compensation
- 6% of the amount raised in the Offering.
Financials
From the Form C-AR filed April 20, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $391,412 | $72,144 | sec.gov |
| Cost of goods sold | $23,690 | $71,613 | sec.gov |
| Net income | $-342,364 | $-673,876 | sec.gov |
| Taxes paid | $911 | $0 | sec.gov |
| Total assets | $39,430 | $126,806 | sec.gov |
| Cash | $15,399 | $101,435 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $24,299 | $343,616 | sec.gov |
| Long-term debt | $356,000 | $45,026 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 20, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| March 17, 2020 | Progress update | $50,000 | $1,070,000 | March 15, 2020 | The Offering closed successfully on 3/15/2020, having received investment commitments of $197,158, although a final accounting has not taken place. | sec.gov |
| November 1, 2019 | Amendment | $50,000 | $1,070,000 | March 15, 2020 | The Form C filed to increase the Maximum Offering Amount and extend the deadline of The Offering was not marked as material, it is a material amendment. | sec.gov |
| November 1, 2019 | Amendment | $50,000 | $1,070,000 | March 15, 2020 | The Form C is hereby amended to increase the Maximum Offering Amount and extend the deadline of The Offering. | sec.gov |
| September 4, 2019 | Offering | $50,000 | $400,000 | December 31, 2019 | sec.gov |
Updated April 20, 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.