Data / Crowdfunding / California / Jetpack Inc
Jetpack Inc: crowdfunding raise on OpenDeal, Inc., dba Republic, $50,000 to $1,070,000 (2017)
Jetpack Inc, a corporation in West Hollywood, CA, filed a Form C with the SEC on September 8, 2017 to raise $50,000 to $1,070,000 in SAFE (Simple Agreement for Future Equity) through OpenDeal, Inc., dba Republic. The offering closed on October 27, 2017. In its most recent fiscal year it reported $26,209 in revenue and a net loss of $100,406.
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.jtpk.co
- Funding portal
- OpenDeal, Inc., dba Republic
- Address
- 8605 Santa Monica Blvd #41564, West Hollywood, CA 90069
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 2, 2017
- SEC CIK
- 0001711875
Offering terms
From the amendment filed September 8, 2017.
- Security
- SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- October 27, 2017
- Portal compensation
- 5%
Financials
From the Form C-U filed November 9, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $26,209 | $5,711 | sec.gov |
| Cost of goods sold | $66,180 | $8,305 | sec.gov |
| Net income | $-100,406 | $-13,051 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $10,086 | $4,349 | sec.gov |
| Cash | $10,086 | $4,349 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $6,143 | $0 | sec.gov |
| Long-term debt | $100,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 14, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| November 9, 2017 | Progress update | $50,000 | $1,070,000 | October 27, 2017 | The Issuer raised approximately $245,000.00 during the offering period, which ended on October 27, 2017 at 11:59pm PT. Payments are still being processed. The exact amount is yet to be determined. | sec.gov |
| September 8, 2017 | Amendment | $50,000 | $1,070,000 | October 27, 2017 | The Form C of the Company dated July 28, 2017 is hereby amended to: (i) increase the maximum offering amount and number of securities to be offered; (ii) extend the offering deadline; and (iii) attach reviewed financial statements of the Company. | sec.gov |
| July 28, 2017 | Offering | $50,000 | $107,000 | September 30, 2017 | sec.gov |
Updated August 14, 2019. 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.