Data / Crowdfunding / California / LEAD Tech, Inc
LEAD Tech, Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $300,000 (2018)
LEAD Tech, Inc, a corporation in San Fransisco, CA, filed a Form C with the SEC on December 19, 2018 to raise $50,000 to $300,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 27, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $87,419, with 5 employees.
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- Website
- www.lead.app
- Funding portal
- Wefunder Portal LLC
- Address
- 415 Jackson St,, San Fransisco, CA 94111
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 22, 2017
- SEC CIK
- 0001759365
Offering terms
From the amendment filed December 19, 2018.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $300,000
- Deadline
- April 27, 2019
- Portal compensation
- 5.0% 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 December 19, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-87,419 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $245,473 | $0 | sec.gov |
| Cash | $226,269 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $4,877 | $0 | sec.gov |
| Long-term debt | $245,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 19, 2018 | Amendment | $50,000 | $300,000 | April 27, 2019 | Remove pro-rata | sec.gov |
| November 19, 2018 | Offering | $50,000 | $300,000 | April 27, 2019 | sec.gov |
Updated December 19, 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.