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Data / Crowdfunding / Illinois / Pro Material Solutions Inc.

Pro Material Solutions Inc.: crowdfunding raise on Wefunder Portal LLC, $65,000 to $100,000 (2016)

Pro Material Solutions Inc., a corporation in Glenview, IL, filed a Form C with the SEC on October 27, 2016 to raise $65,000 to $100,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on January 27, 2017. In its most recent fiscal year it reported $5,031 in revenue and a net loss of $132,428, with 1 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.ProMatSolutions.com
Funding portal
Wefunder Portal LLC
Address
1510 Hollywood Ave, Glenview, IL 60025
Legal form
Corporation
Jurisdiction
IL
Incorporated
March 28, 2016
SEC CIK
0001687489

Offering terms

From the offering filed October 27, 2016.

Security
Simple Agreement for Future Equity (SAFE)
Price
$1.00
Target
$65,000
Maximum
$100,000
Deadline
January 27, 2017
Portal compensation
3.0% of the offering amount upon a successful fundraise

Financials

From the Form C filed October 27, 2016.

Most recent fiscal yearPrior fiscal yearSource
Revenue$5,031$0sec.gov
Cost of goods sold$0$0sec.gov
Net income$-132,428$0sec.gov
Taxes paid$0$0sec.gov
Total assets$27,571$0sec.gov
Cash$27,571$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$0$0sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
October 27, 2016Offering$65,000$100,000January 27, 2017sec.gov

All filings on sec.gov

Updated October 27, 2016. 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.