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Data / Crowdfunding / Florida / KING EQUITY GROUP INC.

KING EQUITY GROUP INC.: crowdfunding raise on Wefunder Portal LLC, $60,000 to $200,000 (2021)

KING EQUITY GROUP INC., a corporation in St Petersburg, FL, filed a Form C with the SEC on August 25, 2021 to raise $60,000 to $200,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 1 employees.

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Website
www.wefunder.com/cryptoshare
Funding portal
Wefunder Portal LLC
Address
7901 4TH ST N, STE 300, St Petersburg, FL 19901
Legal form
Corporation
Jurisdiction
FL
Incorporated
September 3, 2020
SEC CIK
0001827994

Offering terms

From the amendment filed August 25, 2021.

Security
Simple Agreement for Future Equity (SAFE)
Price
$1.00
Target
$60,000
Maximum
$200,000
Deadline
April 30, 2022
Portal compensation
6.5% 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 August 25, 2021.

Most recent fiscal yearPrior fiscal yearSource
Revenue$0$0sec.gov
Cost of goods sold$0$0sec.gov
Net income$0$0sec.gov
Taxes paid$100$0sec.gov
Total assets$1,669$1,669sec.gov
Cash$0$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$0$0sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
May 2, 2023Termination of reportingNot listedNot listedsec.gov
August 25, 2021Amendment$60,000$200,000April 30, 2022Katie - updating maximum goalsec.gov
August 17, 2021Offering$60,000$106,000April 30, 2022sec.gov

All filings on sec.gov

Updated May 2, 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.