Data / Crowdfunding / California / Sgrouples, Inc. dba MeWe
Sgrouples, Inc. dba MeWe: crowdfunding raise on Wefunder Portal LLC, $250,000 to $5,000,000 (2024)
Sgrouples, Inc. dba MeWe, a corporation in Calabasas, CA, filed a Form C with the SEC on April 22, 2024 to raise $250,000 to $5,000,000 in preferred stock through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $2,559,272 in revenue and a net loss of $9,180,710, with 13 employees.
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- Website
- mewe.com
- Funding portal
- Wefunder Portal LLC
- Address
- 4500 Park Granada Boulevard Suite 202, Calabasas, CA 91302
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 7, 2011
- SEC CIK
- 0001619394
Offering terms
From the amendment filed April 22, 2024.
- Security
- Preferred Stock
- Price
- $0.84
- Target
- $250,000
- Maximum
- $5,000,000
- Deadline
- April 29, 2024
- Portal compensation
- 6.9% 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 April 22, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,559,272 | $7,060,525 | sec.gov |
| Cost of goods sold | $412,421 | $1,563,999 | sec.gov |
| Net income | $-9,180,710 | $-2,922,597 | sec.gov |
| Taxes paid | $13,356 | $4,399 | sec.gov |
| Total assets | $14,948,309 | $2,534,351 | sec.gov |
| Cash | $7,811,299 | $508,651 | sec.gov |
| Accounts receivable | $124,972 | $254,655 | sec.gov |
| Short-term debt | $961,000 | $2,698,000 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 22, 2024 | Amendment | $250,000 | $5,000,000 | April 29, 2024 | Reducing early bird threshold to $250,000 | sec.gov |
| April 16, 2024 | Amendment | $250,000 | $5,000,000 | April 29, 2024 | Updating wording on the campaign page and Form C | sec.gov |
| April 5, 2024 | Offering | $250,000 | $5,000,000 | April 29, 2024 | sec.gov |
Updated April 22, 2024. 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.