Data / Crowdfunding / California / New World Savings, Inc.
New World Savings, Inc.: crowdfunding raise on OpenDeal Portal LLC, $24,996 to $2,499,999 (2023)
New World Savings, Inc., a corporation in Ca, CA, filed a Form C with the SEC on March 23, 2023 to raise $24,996 to $2,499,999 in common stock through OpenDeal Portal LLC. The offering closed on April 28, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,362,948, with 13 employees.
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- Website
- Joinguac.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 33831 GRANADA DRIVE DANA POINT, Ca, CA 92629
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- August 21, 2017
- SEC CIK
- 0001794222
Offering terms
From the offering filed March 23, 2023.
- Security
- Common Stock
- Price
- $3.19
- Target
- $24,996
- Maximum
- $2,499,999
- Deadline
- April 28, 2023
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay the Intermediary a fee of six percent (6%) of the dollar amount raised in the Offering.
Financials
From the Form C-U filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,362,948 | $-528,201 | sec.gov |
| Taxes paid | $-800 | $-800 | sec.gov |
| Total assets | $249,795 | $651,895 | sec.gov |
| Cash | $91,059 | $478,582 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $879,316 | $169,918 | sec.gov |
| Long-term debt | $0 | $256,500 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2023 | Progress update | $24,996 | $2,499,999 | April 28, 2023 | The Offering closed successfully on 4/29/2023, having received investment commitments of $498,829.64, although a final accounting has not taken place. | sec.gov |
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 23, 2023 | Offering | $24,996 | $2,499,999 | April 28, 2023 | sec.gov | |
| April 29, 2022 | Progress update | $25,000 | $3,930,000 | April 26, 2022 | The Offering closed successfully on 4/27/2022, having received investment commitments of $2,411,107.95, although a final accounting has not taken place. | sec.gov |
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 17, 2021 | Amendment | $25,000 | $3,930,000 | April 26, 2022 | This Amendment is filed to (i) extend the Offering Deadline to April 26, 2022; and (ii) add a disclosure for a commission sharing agreement by the Intermediary. | sec.gov |
| October 22, 2021 | Offering | $25,000 | $3,930,000 | March 10, 2022 | sec.gov | |
| May 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 27, 2021 | Progress update | $20,000 | $1,070,000 | July 28, 2021 | This Form C-U shall serve as an update regarding the offering that ended April 22, 2021. The final accounting indicates that the total amount raised was $ 1,051,947.00. | sec.gov |
| July 28, 2020 | Offering | $20,000 | $1,070,000 | July 28, 2021 | 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.