Data / Crowdfunding / California / Kibin, Inc.
Kibin, Inc.: crowdfunding raise on Wefunder Portal LLC, $25,000 to $100,000 (2016)
Kibin, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on November 10, 2016 to raise $25,000 to $100,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on November 18, 2016. In its most recent fiscal year it reported $693,760 in revenue and a net loss of $40,291, with 3 employees.
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- Website
- www.kibin.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2443 Fillmore St #3804659, San Francisco, CA 94115
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 29, 2011
- SEC CIK
- 0001674381
Offering terms
From the amendment filed November 10, 2016.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- November 18, 2016
- Portal compensation
- 3.0% of the offering amount upon a successful fundraise.
Financials
From the Form C-AR filed April 27, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $693,760 | $763,583 | sec.gov |
| Cost of goods sold | $19,112 | $148,150 | sec.gov |
| Net income | $-40,291 | $-10,521 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $325,267 | $308,681 | sec.gov |
| Cash | $85,930 | $69,620 | sec.gov |
| Accounts receivable | $199 | $0 | sec.gov |
| Short-term debt | $59,400 | $0 | sec.gov |
| Long-term debt | $589,922 | $589,922 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| November 10, 2016 | Amendment | $25,000 | $100,000 | November 18, 2016 | Moves deadline date back to Nov 18th from Nov 13th. | sec.gov |
| November 10, 2016 | Withdrawal | Not listed | Not listed | sec.gov | ||
| November 10, 2016 | Offering | $25,000 | $100,000 | November 18, 2016 | sec.gov | |
| May 17, 2016 | Offering | $25,000 | $100,000 | November 13, 2016 | sec.gov |
Updated April 27, 2018. 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.