Data / Crowdfunding / New York / Loverly, Inc.
Loverly, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,001 to $1,000,001 (2022)
Loverly, Inc., a corporation in New York, NY, filed a Form C with the SEC on August 16, 2022 to raise $10,001 to $1,000,001 in common stock through NetCapital Funding Portal Inc.. The offering closed on September 15, 2022. In its most recent fiscal year it reported $392,843 in revenue and a net loss of $626,964, with 10 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
- loverly.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 481 Broadway 4th Floor, New York, NY 10013
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 7, 2011
- SEC CIK
- 0001524945
Offering terms
From the amendment filed August 16, 2022.
- Security
- Common Stock
- Price
- $2.25
- Target
- $10,001
- Maximum
- $1,000,001
- Deadline
- September 15, 2022
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-U filed October 11, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $392,843 | $0 | sec.gov |
| Cost of goods sold | $22,830 | $0 | sec.gov |
| Net income | $-626,964 | $-294,440 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $317,285 | $516,078 | sec.gov |
| Cash | $4,451 | $0 | sec.gov |
| Accounts receivable | $34,046 | $46,495 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $150,000 | $300,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 11, 2022 | Progress update | $10,001 | $1,000,001 | September 15, 2022 | End of offering. Issuer closed its offering with estimated gross proceeds of $51,604. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| August 16, 2022 | Amendment | $10,001 | $1,000,001 | September 15, 2022 | the issuer has edited multiple sections of the offering page. | sec.gov |
| July 8, 2022 | Amendment | $10,001 | $1,000,001 | September 15, 2022 | the issuer extended the offering deadline. | sec.gov |
| May 26, 2022 | Amendment | $10,001 | $1,000,001 | July 20, 2022 | updated advisors image in offering page. | sec.gov |
| May 20, 2022 | Offering | $10,001 | $1,000,001 | July 20, 2022 | sec.gov |
Updated October 11, 2022. 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.