Data / Crowdfunding / New York / Paybby Corp
Paybby Corp: crowdfunding raise on Title3Funds, $100,000 to $1,070,000 (2022)
Paybby Corp, a corporation in Syosset, NY, filed a Form C with the SEC on March 4, 2022 to raise $100,000 to $1,070,000 in common stock through Title3Funds. The offering closed on August 3, 2022. In its most recent fiscal year it reported $3,117 in revenue and a net loss of $1,252,578, with 5 employees.
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- Website
- www.paybby.com
- Funding portal
- Title3Funds
- Address
- 6800 Jericho Turnpike Suite 120W, Syosset, NY 11791
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 21, 2020
- SEC CIK
- 0001834350
Offering terms
From the amendment filed March 4, 2022.
- Security
- Common Stock
- Price
- $1.47
- Target
- $100,000
- Maximum
- $1,070,000
- Deadline
- August 3, 2022
- Portal compensation
- 7.0%
Financials
From the Form C/A filed March 4, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,117 | $0 | sec.gov |
| Cost of goods sold | $292,814 | $0 | sec.gov |
| Net income | $-1,252,578 | $-97,325 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $635,240 | $178,709 | sec.gov |
| Cash | $0 | $178,709 | sec.gov |
| Accounts receivable | $41 | $0 | sec.gov |
| Short-term debt | $1,415,821 | $250,000 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 4, 2022 | Amendment | $100,000 | $1,070,000 | August 3, 2022 | Amendment to extend the offering date and to inform that Paybby Corp has suspended operations of the Wicket digital banking app and will start again upon partnering with a suitable partner bank. | sec.gov |
| October 21, 2021 | Amendment | $100,000 | $1,070,000 | March 3, 2022 | Updated maximum amount of shares available and added financial audit. | sec.gov |
| August 19, 2021 | Amendment | $100,000 | $1,070,000 | March 3, 2022 | The issuer is raising the minimum to $500, updating the business plan, adding more risks. | sec.gov |
| June 1, 2021 | Amendment | $100,000 | $1,070,000 | March 3, 2022 | Updating the deadline to reach the target offering amount. | sec.gov |
| March 3, 2021 | Offering | $100,000 | $1,070,000 | May 31, 2021 | sec.gov |
Updated March 4, 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.