Data / Crowdfunding / New Jersey / Khal, Inc
Khal, Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,177,000 (2022)
Khal, Inc, a corporation in Jersey City, NJ, filed a Form C with the SEC on April 20, 2022 to raise $50,000 to $1,177,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on July 30, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $25,178, with 21 employees.
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- Website
- www.khal.com
- Funding portal
- Wefunder Portal LLC
- Address
- 12 Wallis Ave, Jersey City, NJ 07306
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 14, 2020
- SEC CIK
- 0001883761
Offering terms
From the amendment filed April 20, 2022.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,177,000
- Deadline
- July 30, 2022
- 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 20, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-25,178 | $-19,248 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $128 | $0 | sec.gov |
| Cash | $128 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $43,856 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 20, 2022 | Amendment | $50,000 | $1,177,000 | July 30, 2022 | Added 2021 audited financials and extended campaign deadline. | sec.gov |
| November 12, 2021 | Offering | $50,000 | $1,177,000 | April 30, 2022 | sec.gov |
Updated April 20, 2022. 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.