Data / Crowdfunding / New York / Sniffy Labs Inc.
Sniffy Labs Inc.: crowdfunding raise on Wefunder Portal LLC, $20,000 to $50,000 (2020)
Sniffy Labs Inc., a corporation in Rochester, NY, filed a Form C with the SEC on November 24, 2020 to raise $20,000 to $50,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on December 4, 2020. In its most recent fiscal year it reported $0 in revenue and $4,305 in net income, with 2 employees.
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- Website
- sniffy-app.com
- Funding portal
- Wefunder Portal LLC
- Address
- 71 Winbourne Road, Rochester, NY 14611
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 3, 2019
- SEC CIK
- 0001805547
Offering terms
From the amendment filed November 24, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $20,000
- Maximum
- $50,000
- Deadline
- December 4, 2020
- Portal compensation
- <p>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.</p>
Financials
From the Form C-AR filed April 30, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $4,305 | $-2,251 | sec.gov |
| Taxes paid | $175 | $0 | sec.gov |
| Total assets | $33,088 | $2,000 | sec.gov |
| Cash | $33,088 | $2,000 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $27,816 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 21, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 20, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| November 24, 2020 | Amendment | $20,000 | $50,000 | December 4, 2020 | Adding lead investor and custodian. | sec.gov |
| March 31, 2020 | Offering | $20,000 | $50,000 | July 10, 2020 | sec.gov |
Updated April 30, 2021. 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.