Data / Crowdfunding / Arizona / Sonatafy Technology, Inc.
Sonatafy Technology, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2022)
Sonatafy Technology, Inc., a corporation in Scottsdale, AZ, filed a Form C with the SEC on May 16, 2022 to raise $50,000 to $1,070,000 in Class C Units through Wefunder Portal LLC. The offering closed on December 21, 2022. In its most recent fiscal year it reported $8,149,456 in revenue and $750,067 in net income, with 109 employees.
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- Website
- sonatafy.com
- Funding portal
- Wefunder Portal LLC
- Address
- 14362 N FRANK LLOYD WRIGHT BLVD STE 1000, Scottsdale, AZ 85260
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 1, 2023
- SEC CIK
- 0001885509
Offering terms
From the amendment filed May 16, 2022.
- Security
- Class C Units
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- December 21, 2022
- Portal compensation
- <p>6.0% of the offering amount upon a successful fundraise.</p>
Financials
From the Form C-AR filed April 21, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $8,149,456 | $3,637,913 | sec.gov |
| Cost of goods sold | $5,295,561 | $2,349,621 | sec.gov |
| Net income | $750,067 | $-19,067 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,067,157 | $1,054,073 | sec.gov |
| Cash | $450,432 | $242,459 | sec.gov |
| Accounts receivable | $341,959 | $113,379 | sec.gov |
| Short-term debt | $750,550 | $0 | sec.gov |
| Long-term debt | $572,786 | $1,076,816 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 24, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 21, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 16, 2022 | Amendment | $50,000 | $1,070,000 | December 21, 2022 | Removed CTO, updated ownership amongst the members, and updated projections. | sec.gov |
| January 31, 2022 | Amendment | $50,000 | $1,070,000 | December 21, 2022 | Profile changes. | sec.gov |
| January 14, 2022 | Offering | $50,000 | $1,070,000 | December 21, 2022 | sec.gov |
Updated April 24, 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.