Data / Crowdfunding / California / Participant Assistive Products Corp
Participant Assistive Products Corp: crowdfunding raise on Wefunder Portal LLC, $150,000 to $450,000 (2019)
Participant Assistive Products Corp, a company in San Francisco, CA, filed a Form C with the SEC on September 27, 2019 to raise $150,000 to $450,000 in debt through Wefunder Portal LLC. The offering closed on January 24, 2020. In its most recent fiscal year it reported $448,775 in revenue and a net loss of $61,794, 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
- www.participant.life
- Funding portal
- Wefunder Portal LLC
- Address
- PO Box 156614, San Francisco, CA 94115
- Legal form
- Other
- Jurisdiction
- CA
- Incorporated
- March 18, 2018
- SEC CIK
- 0001777061
Offering terms
From the offering filed September 27, 2019.
- Security
- Debt
- Price
- $1.00
- Target
- $150,000
- Maximum
- $450,000
- Deadline
- January 24, 2020
- Portal compensation
- 5.0% 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 April 23, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $448,775 | $73,576 | sec.gov |
| Cost of goods sold | $372,383 | $74,041 | sec.gov |
| Net income | $-61,794 | $-186,675 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $470,234 | $229,018 | sec.gov |
| Cash | $261,971 | $51,443 | sec.gov |
| Accounts receivable | $92,681 | $23,327 | sec.gov |
| Short-term debt | $87,072 | $51,017 | sec.gov |
| Long-term debt | $884,401 | $617,446 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 23, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| September 27, 2019 | Offering | $150,000 | $450,000 | January 24, 2020 | sec.gov |
Updated April 23, 2025. 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.