Data / Crowdfunding / Wisconsin / RehabPath Inc.
RehabPath Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2019)
RehabPath Inc., a corporation in Madison, WI, filed a Form C with the SEC on December 5, 2019 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 3, 2020. In its most recent fiscal year it reported $214,993 in revenue and a net loss of $108,069, with 5 employees.
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- Website
- rehabpath.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 821 EAST WASHINGTON AVENUE, Madison, WI 53703
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 2, 2017
- SEC CIK
- 0001791847
Offering terms
From the offering filed December 5, 2019.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 3, 2020
- Portal compensation
- 6% of the amount raised in the Offering.
Financials
From the Form C-U filed April 6, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $214,993 | $104,530 | sec.gov |
| Cost of goods sold | $40,354 | $2,529 | sec.gov |
| Net income | $-108,069 | $-24,670 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $57,424 | $108,752 | sec.gov |
| Cash | $8,076 | $14,969 | sec.gov |
| Accounts receivable | $15,038 | $20,063 | sec.gov |
| Short-term debt | $52,201 | $13,422 | sec.gov |
| Long-term debt | $28,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 6, 2020 | Progress update | $25,000 | $1,070,000 | April 3, 2020 | The Offering closed successfully on 4/3/2020, having received investment commitments of $74,519, although a final accounting has not taken place. | sec.gov |
| December 5, 2019 | Offering | $25,000 | $1,070,000 | April 3, 2020 | sec.gov |
Also on SpecStream
Updated April 6, 2020. 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.