Data / Crowdfunding / California / SideHustle App Inc
SideHustle App Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $300,000 (2020)
SideHustle App Inc, a company in Corona, CA, filed a Form C with the SEC on July 27, 2020 to raise $50,000 to $300,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on August 1, 2020. In its most recent fiscal year it reported $26,316 in revenue and a net loss of $31,428, with 6 employees.
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- Website
- www.sidehustleapp.co
- Funding portal
- Wefunder Portal LLC
- Address
- 4740 GREEN RIVER RD, 210, Corona, CA 92880
- Legal form
- Other
- Jurisdiction
- DE
- Incorporated
- May 20, 2019
- SEC CIK
- 0001789874
Offering terms
From the amendment filed July 27, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $300,000
- Deadline
- August 1, 2020
- 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/A filed July 27, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $26,316 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-31,428 | $0 | sec.gov |
| Taxes paid | $194 | $0 | sec.gov |
| Total assets | $202,912 | $0 | sec.gov |
| Cash | $6,283 | $0 | sec.gov |
| Accounts receivable | $12,080 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 27, 2020 | Amendment | $50,000 | $300,000 | August 1, 2020 | Material amendment - adding lead investor. | sec.gov |
| March 13, 2020 | Offering | $50,000 | $300,000 | July 17, 2020 | sec.gov |
Updated July 27, 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.