Data / Crowdfunding / Washington / MOBODEXTER INC
MOBODEXTER INC: crowdfunding raise on Wefunder Portal LLC, $100,000 to $803,359 (2018)
MOBODEXTER INC, a corporation in Bellevue, WA, filed a Form C with the SEC on January 9, 2018 to raise $100,000 to $803,359 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on January 16, 2018. In its most recent fiscal year it reported $1,078,778 in revenue and $478,281 in net income, with 10 employees.
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- Website
- www.mobodexter.com
- Funding portal
- Wefunder Portal LLC
- Address
- 10400 NE 4th St Suite 2-6564, Bellevue, WA 98004
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 22, 2013
- SEC CIK
- 0001681287
Offering terms
From the amendment filed January 9, 2018.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $803,359
- Deadline
- January 16, 2018
- 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-AR filed May 14, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,078,778 | $124,657 | sec.gov |
| Cost of goods sold | $244,828 | $0 | sec.gov |
| Net income | $478,281 | $-160,907 | sec.gov |
| Taxes paid | $127,138 | $0 | sec.gov |
| Total assets | $910,226 | $127,192 | sec.gov |
| Cash | $102,117 | $127,192 | sec.gov |
| Accounts receivable | $800,000 | $0 | sec.gov |
| Short-term debt | $175,808 | $13,347 | sec.gov |
| Long-term debt | $0 | $20,188 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 14, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| January 9, 2018 | Amendment | $100,000 | $803,359 | January 16, 2018 | Changed deadline date, included video transcript, and updated business plan. | sec.gov |
| October 24, 2017 | Offering | $100,000 | $803,359 | April 20, 2018 | sec.gov | |
| October 6, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| October 4, 2017 | Progress update | $50,000 | $1,000,000 | December 10, 2016 | The final number is $266,641.00 in investments. | sec.gov |
| December 2, 2016 | Amendment | $50,000 | $1,000,000 | December 10, 2016 | Updated deadline date, updated business plan and included video transcript | sec.gov |
| October 17, 2016 | Amendment | $50,000 | $1,000,000 | March 12, 2017 | Change offering terms, increase maximum goal to $1M, include CPA reviewed financials, and updated business plan. | sec.gov |
| September 14, 2016 | Offering | $50,000 | $100,000 | March 12, 2017 | sec.gov |
Updated May 14, 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.