Data / Crowdfunding / New York / People First RH, Inc.
People First RH, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2020)
People First RH, Inc., a corporation in New York, NY, filed a Form C with the SEC on July 15, 2020 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on August 31, 2020. In its most recent fiscal year it reported $251 in revenue and a net loss of $45,151, with 3 employees.
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- Website
- www.peoplefirstrh.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 99 HUDSON STREET, 5TH FLOOR, New York, NY 10013
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 10, 2018
- SEC CIK
- 0001769923
Offering terms
From the amendment filed July 15, 2020.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- August 31, 2020
- Portal compensation
- 6% of the amount raised in the offering.
Financials
From the Form C-AR filed April 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $251 | $11,574 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-45,151 | $-230,574 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $69,735 | $69,705 | sec.gov |
| Cash | $1,834 | $1,804 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $26,422 | $-18,759 | sec.gov |
| Long-term debt | $528,325 | $528,325 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 9, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| September 2, 2020 | Progress update | $25,000 | $1,070,000 | August 31, 2020 | The offering closed successfully on September 1, 2020, having received investment commitments of $99,522, although a final accounting has not taken place. | sec.gov |
| July 15, 2020 | Amendment | $25,000 | $1,070,000 | August 31, 2020 | This Form C/A is being filed by the Company to include information regarding the sale and issuance of the Company's securities to new investors in the Company. | sec.gov |
| May 29, 2020 | Offering | $25,000 | $1,070,000 | August 31, 2020 | sec.gov |
Updated February 9, 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.