Data / Crowdfunding / Pennsylvania / Squad Technologies LLC
Squad Technologies LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2022)
Squad Technologies LLC, a limited liability company in West Chester, PA, filed a Form C with the SEC on May 31, 2022 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $639 in revenue and a net loss of $438,091, with 5 employees.
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- Website
- getupspace.com
- Funding portal
- Wefunder Portal LLC
- Address
- 502 MARSHALL DRIVE, West Chester, PA 19380
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- November 11, 2020
- SEC CIK
- 0001887456
Offering terms
From the offering filed May 31, 2022.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- April 30, 2023
- 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-AR filed April 25, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $639 | $1,643 | sec.gov |
| Cost of goods sold | $0 | $110 | sec.gov |
| Net income | $-438,091 | $-136,937 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $830,521 | $676,623 | sec.gov |
| Cash | $68,978 | $272,005 | sec.gov |
| Accounts receivable | $0 | $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 |
|---|---|---|---|---|---|---|
| April 25, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 31, 2022 | Offering | $50,000 | $250,000 | April 30, 2023 | sec.gov |
Also on SpecStream
Updated April 25, 2023. 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.