Data / Crowdfunding / Colorado / Recoup Fitness Inc
Recoup Fitness Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,000,000 (2017)
Recoup Fitness Inc, a corporation in Englewood, CO, filed a Form C with the SEC on September 28, 2017 to raise $50,000 to $1,000,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on October 30, 2017. In its most recent fiscal year it reported $86,679 in revenue and a net loss of $129,760, 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
- recoupfitness.com
- Funding portal
- Wefunder Portal LLC
- Address
- 3149 S. Broadway, Englewood, CO 80113
- Legal form
- Corporation
- Jurisdiction
- CO
- Incorporated
- May 28, 2015
- SEC CIK
- 0001709507
Offering terms
From the amendment filed September 28, 2017.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,000,000
- Deadline
- October 30, 2017
- Portal compensation
- 4.0% 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/A filed September 28, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $86,679 | $3,328 | sec.gov |
| Cost of goods sold | $6,020 | $0 | sec.gov |
| Net income | $-129,760 | $1,083 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $143,032 | $1,083 | sec.gov |
| Cash | $25,810 | $1,083 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $54,496 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 28, 2017 | Amendment | $50,000 | $1,000,000 | October 30, 2017 | Recoup Fitness LLC has reorganized to a colorado registered corporation. Updated contracts, changed deadline date, included video transcripts, and updated business plan. | sec.gov |
| June 28, 2017 | Offering | $50,000 | $1,000,000 | December 25, 2017 | sec.gov |
Updated September 28, 2017. 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.