Data / Crowdfunding / Iowa / Laminar Scientific Inc.
Laminar Scientific Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2022)
Laminar Scientific Inc., a corporation in Iowa City, IA, filed a Form C with the SEC on May 20, 2022 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $17,000 in revenue and $0 in net income, with 2 employees.
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.laminarscientific.com
- Funding portal
- Wefunder Portal LLC
- Address
- 610 GRANDVIEW CT, Iowa City, IA 52246
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 3, 2021
- SEC CIK
- 0001925407
Offering terms
From the offering filed May 20, 2022.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- April 30, 2023
- 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-AR filed April 28, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $17,000 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $2,054 | $2,133 | sec.gov |
| Total assets | $284,161 | $175,766 | sec.gov |
| Cash | $280,161 | $171,766 | sec.gov |
| Accounts receivable | $37,841 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 20, 2022 | Offering | $50,000 | $250,000 | April 30, 2023 | sec.gov |
Updated April 28, 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.