Data / Crowdfunding / Washington / Seattle Gummy Co
Seattle Gummy Co: crowdfunding raise on Wefunder Portal LLC, $500,006 to $1,069,996 (2022)
Seattle Gummy Co, a corporation in Renton, WA, filed a Form C with the SEC on January 21, 2022 to raise $500,006 to $1,069,996 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $1,179,789 in revenue and a net loss of $1,522,030, with 8 employees.
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- Website
- seattlegummy.com
- Funding portal
- Wefunder Portal LLC
- Address
- 421 SW 41ST STREET, Renton, WA 98057
- Legal form
- Corporation
- Jurisdiction
- WA
- Incorporated
- July 12, 2016
- SEC CIK
- 0001903564
Offering terms
From the offering filed January 21, 2022.
- Security
- Preferred Stock
- Price
- $19.20
- Target
- $500,006
- Maximum
- $1,069,996
- Deadline
- April 30, 2022
- 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/A filed April 6, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,179,789 | $1,276,836 | sec.gov |
| Cost of goods sold | $417,634 | $165,312 | sec.gov |
| Net income | $-1,522,030 | $-410,577 | sec.gov |
| Taxes paid | $93,643 | $68,902 | sec.gov |
| Total assets | $5,697,507 | $4,362,733 | sec.gov |
| Cash | $1,874,112 | $2,267,736 | sec.gov |
| Accounts receivable | $297,822 | $750,449 | sec.gov |
| Short-term debt | $168,921 | $-25,952 | sec.gov |
| Long-term debt | $1,636,685 | $122,485 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 6, 2023 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| March 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 21, 2022 | Offering | $500,006 | $1,069,996 | April 30, 2022 | sec.gov |
Updated April 6, 2023. 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.