Data / Crowdfunding / Florida / PaidWorkout Cor.
PaidWorkout Cor.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,997 (2021)
PaidWorkout Cor., a corporation in Miami Beach, FL, filed a Form C with the SEC on October 21, 2021 to raise $9,999 to $1,069,997 in Class B Common Stock through StartEngine Capital, LLC. The offering closed on April 19, 2022. In its most recent fiscal year it reported $54,705 in revenue and a net loss of $830,281.
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
- paidworkout.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 2301 Collins Ave Suite 318, Miami Beach, FL 33139
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- September 9, 2021
- SEC CIK
- 0001887452
Offering terms
From the amendment filed October 21, 2021.
- Security
- Class B Common Stock
- Price
- $0.65
- Target
- $9,999
- Maximum
- $1,069,997
- Deadline
- April 19, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $54,705 | $330 | sec.gov |
| Cost of goods sold | $884,986 | $65,045 | sec.gov |
| Net income | $-830,281 | $-64,715 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $99,660 | $52,525 | sec.gov |
| Cash | $99,401 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $895,255 | $117,240 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 22, 2022 | Progress update | $9,999 | $1,069,997 | April 19, 2022 | At the close of the offering, the issuer closed on $166,004.3 and 286,955 number of securities. | sec.gov |
| October 21, 2021 | Amendment | $9,999 | $1,069,997 | April 19, 2022 | Disclosure of investors: Nicole Pekerman(CEO Director) to invest up to $50,000, Michael Bluestein(COO Director) to invest up to $50,000, Mila Pekerman(Mother of the CEO Director) to invest $100,000 | sec.gov |
| October 19, 2021 | Offering | $9,999 | $1,069,997 | April 19, 2022 | sec.gov |
Updated May 2, 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.