Data / Crowdfunding / Delaware / Pocket Properties App Corp
Pocket Properties App Corp: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2022)
Pocket Properties App Corp, a corporation in Dover, DE, filed a Form C with the SEC on March 22, 2022 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on October 20, 2022. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 5 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.pocketpropertiesapp.com
- Funding portal
- Wefunder Portal LLC
- Address
- 8 THE GREEN SUITE 12540, Dover, DE 19901
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 9, 2021
- SEC CIK
- 0001881671
Offering terms
From the amendment filed March 22, 2022.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- October 20, 2022
- Portal compensation
- 7.5% 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 29, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $43,011 | $70,450 | sec.gov |
| Cash | $43,011 | $70,450 | 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 |
|---|---|---|---|---|---|---|
| April 29, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| August 14, 2023 | Progress update | Not listed | Not listed | Pocket Properties App Corp raised a final amount of $58,115 at the close of its crowdfunding campaign ending on 4/30/22. | sec.gov | |
| July 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| July 26, 2023 | Progress update | Not listed | Not listed | Pocket Properties App is currently prepping to register with Finra and the SEC to become a registered funding portal. Additional rounds of funding have not been undertaken since the close of the crowdfunding campaign. | sec.gov | |
| March 22, 2022 | Amendment | $50,000 | $250,000 | October 20, 2022 | Lowered target to $50k. Added 2021 financials. Updating Form C to include Marshal Singh as CFO. | sec.gov |
| October 19, 2021 | Amendment | $100,000 | $250,000 | April 30, 2022 | Changes in executive leadership, Josh Rufolo is the new CEO. | sec.gov |
| September 20, 2021 | Offering | $100,000 | $250,000 | April 30, 2022 | sec.gov |
Updated April 29, 2024. 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.