Data / Crowdfunding / Arizona / LiteraSeed, LLC
LiteraSeed, LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2021)
LiteraSeed, LLC, a limited liability company in Phoenix, AZ, filed a Form C with the SEC on April 19, 2021 to raise $50,000 to $250,000 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 a net loss of $2,321, with 1 employees.
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- Website
- literaseed.io
- Funding portal
- Wefunder Portal LLC
- Address
- 27227 N 31st Dr., Phoenix, AZ 85083
- Legal form
- Limited Liability Company
- Jurisdiction
- AZ
- Incorporated
- November 18, 2013
- SEC CIK
- 0001818859
Offering terms
From the amendment filed April 19, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- April 30, 2022
- Portal compensation
- 4.0% 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 April 19, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-2,321 | $2,843 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,587 | $3,908 | sec.gov |
| Cash | $1,587 | $3,908 | sec.gov |
| Accounts receivable | $0 | $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 19, 2021 | Amendment | $50,000 | $250,000 | April 30, 2022 | Updating campaign deadline, adding 2020 GAAP financials | sec.gov |
| March 12, 2021 | Amendment | $50,000 | $250,000 | April 30, 2021 | Changing the campaign deadline. | sec.gov |
| August 18, 2020 | Amendment | $50,000 | $250,000 | November 20, 2020 | Adding 2018 / 2019 GAAP financial statements, lowering campaign max to $250k, naming Lead Investor | sec.gov |
| July 24, 2020 | Offering | $50,000 | $350,000 | November 20, 2020 | sec.gov |
Updated April 19, 2021. 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.