Data / Crowdfunding / California / Persona Network, Inc.
Persona Network, Inc.: crowdfunding raise on Wunderfund, Inc., $10,000 to $250,000 (2020)
Persona Network, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on July 10, 2020 to raise $10,000 to $250,000 in common stock through Wunderfund, Inc.. The offering closed on December 1, 2020. In its most recent fiscal year it reported $63 in revenue and a net loss of $122,725, with 3 employees.
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- Website
- www.persona.io
- Funding portal
- Wunderfund, Inc.
- Address
- 182 HOWARD ST. 119, San Francisco, CA 94105
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 25, 2015
- SEC CIK
- 0001759332
Offering terms
From the amendment filed July 10, 2020.
- Security
- Common Stock
- Price
- $50.00
- Target
- $10,000
- Maximum
- $250,000
- Deadline
- December 1, 2020
- Portal compensation
- Persona Network, Inc. will pay Wunderfund a portion to be paid in cash based on 7-9% of the amount of total money raised pursuant to this offering.
Financials
From the Form C/A filed July 10, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $63 | $285 | sec.gov |
| Cost of goods sold | $122,789 | $164,218 | sec.gov |
| Net income | $-122,725 | $-162,710 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $29,844 | $20,171 | sec.gov |
| Cash | $2,169 | $3,793 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $174,883 | $108,494 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 10, 2020 | Amendment | $10,000 | $250,000 | December 1, 2020 | The issuer has relaunched the offering at a $5,123,400 valuation expiring on 12/1/2020. Share price is now $50/share with a minimum of 5 shares required for purchase. The first 1,000 shares wll be at a 50% discount. | sec.gov |
| July 9, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2020 | Amendment | $24,997 | $106,969 | June 30, 2020 | The issuer has extended the offering date to June 30, 2020. Portal will notify investors to reconfirm investments. | sec.gov |
| February 26, 2020 | Amendment | $24,997 | $106,969 | March 31, 2020 | The issuer has extended the offering date to 3/31/2020 | sec.gov |
| February 12, 2020 | Amendment | $24,997 | $106,969 | March 2, 2020 | The deadline date filed on the original form C is 3/2/2020. This is an update to the offering memo is to reflect the issuer's intended date. | sec.gov |
| January 2, 2020 | Offering | $24,997 | $106,969 | March 2, 2020 | sec.gov | |
| November 21, 2019 | Progress update | $9,975 | $106,950 | April 30, 2019 | Adjustment to the initial Form C-U filing of 05/01/2019. At the close of the offering, the issuer closed on $18,750 and 252 number of securities. | sec.gov |
| May 1, 2019 | Progress update | $9,975 | $106,950 | April 30, 2019 | At the close of the offering, the issuer closed on $18,750 and 252 number of securities. | sec.gov |
| April 17, 2019 | Amendment | $9,975 | $106,950 | April 30, 2019 | Issuer is extending the length of their campaign by 13 days. | sec.gov |
| February 15, 2019 | Amendment | $9,975 | $106,950 | April 19, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| November 20, 2018 | Offering | $9,975 | $106,950 | February 18, 2019 | sec.gov |
Updated July 10, 2020. 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.