Data / Crowdfunding / Utah / Savvos Health
Savvos Health: crowdfunding raise on Wefunder Portal LLC, $100,000 to $1,000,000 (2021)
Savvos Health, a corporation in American Fork, UT, filed a Form C with the SEC on July 6, 2021 to raise $100,000 to $1,000,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $364,064 in revenue and a net loss of $450,791, with 11 employees.
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- Website
- www.savvos.com
- Funding portal
- Wefunder Portal LLC
- Address
- 629 East Quality Drive Suite 102, American Fork, UT 84003
- Legal form
- Corporation
- Jurisdiction
- UT
- Incorporated
- May 31, 2017
- SEC CIK
- 0001864826
Offering terms
From the offering filed July 6, 2021.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- April 30, 2022
- Portal compensation
- 7.5% 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 September 7, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $364,064 | $94,092 | sec.gov |
| Cost of goods sold | $68,053 | $17,096 | sec.gov |
| Net income | $-450,791 | $-463,093 | sec.gov |
| Taxes paid | $112,176 | $90,830 | sec.gov |
| Total assets | $186,117 | $80,251 | sec.gov |
| Cash | $186,117 | $80,251 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $180,306 | $173,300 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 7, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| July 6, 2021 | Offering | $100,000 | $1,000,000 | April 30, 2022 | sec.gov |
Updated September 7, 2022. 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.