Data / Crowdfunding / New York / Highline Wellness Inc.
Highline Wellness Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,235,000 (2023)
Highline Wellness Inc., a corporation in New York, NY, filed a Form C with the SEC on April 17, 2023 to raise $50,000 to $1,235,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $4,533,245 in revenue and a net loss of $2,538,612, 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
- highlinewellness.com
- Funding portal
- Wefunder Portal LLC
- Address
- 413 WEST 14TH STREET SUITE 201, New York, NY 10014
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 8, 2018
- SEC CIK
- 0001893227
Offering terms
From the amendment filed April 17, 2023.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- April 30, 2023
- Portal compensation
- 7.5% 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/A filed April 17, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,533,245 | $3,877,824 | sec.gov |
| Cost of goods sold | $1,845,872 | $1,352,657 | sec.gov |
| Net income | $-2,538,612 | $-411,374 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,469,530 | $1,406,975 | sec.gov |
| Cash | $375,344 | $319,189 | sec.gov |
| Accounts receivable | $6,177 | $29,844 | sec.gov |
| Short-term debt | $1,634,641 | $586,690 | sec.gov |
| Long-term debt | $141,228 | $176,733 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 17, 2023 | Amendment | $50,000 | $1,235,000 | April 30, 2023 | Updated the Form C to note that the company is currently in talks with an acquirer. An acquisition is not guaranteed. | sec.gov |
| December 21, 2022 | Offering | $50,000 | $1,235,000 | April 30, 2023 | sec.gov | |
| December 7, 2022 | Withdrawal | Not listed | Not listed | sec.gov | ||
| November 25, 2022 | Offering | $25,000 | $1,235,000 | February 8, 2023 | sec.gov |
Updated April 17, 2023. 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.