Data / Crowdfunding / Washington / Recompose, PBC
Recompose, PBC: crowdfunding raise on Wefunder Portal LLC, $50,002 to $4,999,995 (2023)
Recompose, PBC, a company in Seattle, WA, filed a Form C with the SEC on September 6, 2023 to raise $50,002 to $4,999,995 in preferred stock through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $1,184,114 in revenue and a net loss of $4,381,409, with 17 employees.
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- Website
- www.recompose.life
- Funding portal
- Wefunder Portal LLC
- Address
- 4 SOUTH IDAHO SUITE 101, Seattle, WA 98134
- Legal form
- Other
- Jurisdiction
- DE
- Incorporated
- May 10, 2017
- SEC CIK
- 0001707734
Offering terms
From the amendment filed September 6, 2023.
- Security
- Preferred Stock
- Price
- $4.71
- Target
- $50,002
- Maximum
- $4,999,995
- Deadline
- April 29, 2024
- Portal compensation
- 6.5% 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 January 29, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,184,114 | $836,764 | sec.gov |
| Cost of goods sold | $428,156 | $443,897 | sec.gov |
| Net income | $-4,381,409 | $-3,757,981 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $26,404,670 | $24,920,885 | sec.gov |
| Cash | $2,607,580 | $2,305,867 | sec.gov |
| Accounts receivable | $745,863 | $509,073 | sec.gov |
| Short-term debt | $706,154 | $1,018,079 | sec.gov |
| Long-term debt | $16,841,762 | $14,067,005 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 2, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| January 29, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| September 6, 2023 | Amendment | $50,002 | $4,999,995 | April 29, 2024 | Updating document formatting | sec.gov |
| April 25, 2023 | Amendment | $50,002 | $4,999,995 | April 29, 2024 | Added 2022 audited financial statements, extended the campaign close date | sec.gov |
| March 20, 2023 | Offering | $50,002 | $4,999,995 | April 30, 2023 | sec.gov |
Also on SpecStream
Updated October 2, 2025. 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.