Data / Crowdfunding / Delaware / Sofabet Co.
Sofabet Co.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,250,000 (2022)
Sofabet Co., a corporation in Dover, DE, filed a Form C with the SEC on December 28, 2022 to raise $10,000 to $1,250,000 in common stock through StartEngine Capital, LLC. The offering closed on January 27, 2023. In its most recent fiscal year it reported $95,417 in revenue and a net loss of $469,626, with 3 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.betsparket.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 8 THE GREEN, STE A STE A, Dover, DE 19901
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 15, 2019
- SEC CIK
- 0001947187
Offering terms
From the amendment filed December 28, 2022.
- Security
- Common Stock
- Price
- $1.25
- Target
- $10,000
- Maximum
- $1,250,000
- Deadline
- January 27, 2023
- Portal compensation
- up to 9% percent
Financials
From the Form C-AR filed May 23, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $95,417 | $41,000 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-469,626 | $-361,428 | sec.gov |
| Taxes paid | $20,140 | $23,980 | sec.gov |
| Total assets | $792,337 | $354,532 | sec.gov |
| Cash | $362,948 | $18,573 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $3,210 | $2,661 | sec.gov |
| Long-term debt | $44,000 | $44,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 23, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 26, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 31, 2023 | Progress update | $10,000 | $1,250,000 | January 27, 2023 | At the close of the offering, the issuer closed on $159,665.68 and 142,956 number of securities. | sec.gov |
| December 28, 2022 | Amendment | $10,000 | $1,250,000 | January 27, 2023 | Issuer is extending campaign end date. | sec.gov |
| September 28, 2022 | Offering | $10,000 | $1,250,000 | December 28, 2022 | sec.gov |
Updated April 25, 2025. 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.