Data / Crowdfunding / Texas / PhunCoin, Inc.
PhunCoin, Inc.: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $1,070,000 (2019)
PhunCoin, Inc., a corporation in Austin, TX, filed a Form C with the SEC on January 22, 2019 to raise $50,000 to $1,070,000 in CTRAs (Crowd Token Rights Agreement) through OpenDeal Portal LLC. The offering closed on April 30, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $11,978, with 7 employees.
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- Website
- www.phuncoin.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 7800 SHOAL CREEK BLVD. SUITE 230-SOUTH, Austin, TX 78757
- Legal form
- Corporation
- Jurisdiction
- WY
- Incorporated
- June 1, 2018
- SEC CIK
- 0001744032
Offering terms
From the offering filed January 22, 2019.
- Security
- CTRAs (Crowd Token Rights Agreement)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2019
- Portal compensation
- 6.0% of the amount raised
Financials
From the Form C-AR filed April 30, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-11,978 | $-602,579 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $283,005 | $294,984 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 21, 2019 | Progress update | $50,000 | $1,070,000 | April 30, 2019 | The offering successfully received investment commitments equaling $175,393, although a final accounting has not taken place. | sec.gov |
| January 22, 2019 | Offering | $50,000 | $1,070,000 | April 30, 2019 | 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.