Data / Crowdfunding / New York / Level Up Basket Corp.
Level Up Basket Corp.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $124,000 (2023)
Level Up Basket Corp., a corporation in New York, NY, filed a Form C with the SEC on May 1, 2023 to raise $50,000 to $124,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $7,399 in revenue and a net loss of $159,458, with 2 employees.
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- Website
- levelupbasket.com
- Funding portal
- Wefunder Portal LLC
- Address
- 163 W 23rd St, New York, NY 10011 Floor 6, New York, NY 10011
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 14, 2021
- SEC CIK
- 0001952600
Offering terms
From the amendment filed May 1, 2023.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- April 29, 2024
- 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 May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $7,399 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-159,458 | $-68,790 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $8,842 | $81,300 | sec.gov |
| Cash | $6,702 | $81,300 | sec.gov |
| Accounts receivable | $1,189 | $0 | sec.gov |
| Short-term debt | $12,000 | $0 | sec.gov |
| Long-term debt | $225,000 | $150,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2023 | Amendment | $50,000 | $124,000 | April 29, 2024 | - Adding 2022 Financials and extending the campaign. | sec.gov |
| January 17, 2023 | Offering | $50,000 | $124,000 | April 30, 2023 | sec.gov |
Updated May 1, 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.