Data / Crowdfunding / Virginia / Saberation Inc.
Saberation Inc.: crowdfunding raise on Mr. Crowd, $50,000 to $300,000 (2019)
Saberation Inc., a corporation in Virginia Beach, VA, filed a Form C with the SEC on December 31, 2019 to raise $50,000 to $300,000 in common stock through Mr. Crowd. The offering closed on June 30, 2020. In its most recent fiscal year it reported $70,379 in revenue and $22,077 in net income, with 2 employees.
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- Website
- saberation.com
- Funding portal
- Mr. Crowd
- Address
- 1801 PLEASURE HOUSE RD. STE. #109, Virginia Beach, VA 23455
- Legal form
- Corporation
- Jurisdiction
- VA
- Incorporated
- February 26, 2018
- SEC CIK
- 0001767636
Offering terms
From the amendment filed December 31, 2019.
- Security
- Common Stock
- Price
- $100.00
- Target
- $50,000
- Maximum
- $300,000
- Deadline
- June 30, 2020
- Portal compensation
- 1) The issuer shall pay the intermediary a fee equal to 1% of the gross amount raised. 2) The issuer shall pay or reimburse all reasonable out-of-pocket third party expenses incurred by the intermediary on behalf of the issuer.
Financials
From the Form C/A filed December 31, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $70,379 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $22,077 | $0 | sec.gov |
| Taxes paid | $3,896 | $0 | sec.gov |
| Total assets | $25,973 | $0 | sec.gov |
| Cash | $25,973 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $3,896 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 31, 2019 | Amendment | $50,000 | $300,000 | June 30, 2020 | Extend offering deadline | sec.gov |
| September 6, 2019 | Amendment | $50,000 | $300,000 | December 31, 2019 | Extend offering deadline | sec.gov |
| February 19, 2019 | Offering | $50,000 | $300,000 | September 30, 2019 | sec.gov |
Updated December 31, 2019. 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.