Data / Crowdfunding / New York / Makeba, Inc
Makeba, Inc: crowdfunding raise on Wefunder Portal LLC, $99,960 to $699,840 (2020)
Makeba, Inc, a corporation in New York, NY, filed a Form C with the SEC on August 19, 2020 to raise $99,960 to $699,840 in common stock through Wefunder Portal LLC. The offering closed on October 2, 2020. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,151,749, with 30 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
- makeba.money
- Funding portal
- Wefunder Portal LLC
- Address
- 85 Broad Street, 29th Fl, New York, NY 10004
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 24, 2016
- SEC CIK
- 0001813522
Offering terms
From the amendment filed August 19, 2020.
- Security
- Common Stock
- Price
- $300.00
- Target
- $99,960
- Maximum
- $699,840
- Deadline
- October 2, 2020
- 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 August 19, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $1,136,460 | $1,105,039 | sec.gov |
| Net income | $-1,151,749 | $-1,111,287 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $86,732 | $325,470 | sec.gov |
| Cash | $46,247 | $229,223 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $122,326 | $75,616 | sec.gov |
| Long-term debt | $283,981 | $116,142 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 19, 2020 | Amendment | $99,960 | $699,840 | October 2, 2020 | Added CPA reviewed financials for 2018 and 2019. | sec.gov |
| July 8, 2020 | Amendment | $99,960 | $699,840 | October 2, 2020 | Updated description of future revenue and expenses, customer base growth and past raises. Updated pre-money valuation. | sec.gov |
| June 19, 2020 | Offering | $99,750 | $700,000 | October 2, 2020 | sec.gov |
Updated August 19, 2020. 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.