Data / Crowdfunding / Utah / Jelli Finance Co.
Jelli Finance Co.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Jelli Finance Co., a corporation in Cedar Hills, UT, filed a Form C with the SEC on July 30, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE through OpenDeal Portal LLC. The offering closed on November 15, 2021. In its most recent fiscal year it reported $16,391 in revenue and a net loss of $2,349, with 3 employees.
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- Website
- jelli.us
- Funding portal
- OpenDeal Portal LLC
- Address
- 4454 CAMBRIDGE DRIVE, Cedar Hills, UT 84062
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 20, 2016
- SEC CIK
- 0001869075
Offering terms
From the offering filed July 30, 2021.
- Security
- Crowd SAFE
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- November 15, 2021
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-U filed November 17, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $16,391 | $0 | sec.gov |
| Cost of goods sold | $18,193 | $0 | sec.gov |
| Net income | $-2,349 | $-8,817 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $744 | $56 | sec.gov |
| Cash | $30 | $0 | sec.gov |
| Accounts receivable | $658 | $0 | sec.gov |
| Short-term debt | $3,719 | $682 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 17, 2021 | Progress update | $25,000 | $1,070,000 | November 15, 2021 | The Offering closed successfully on November 16th, 2021, having received investment commitments of 468,938, although a final accounting has not taken place. | sec.gov |
| July 30, 2021 | Offering | $25,000 | $1,070,000 | November 15, 2021 | sec.gov |
Updated November 17, 2021. 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.