Data / Crowdfunding / California / Talino Ventures PBC
Talino Ventures PBC: crowdfunding raise on Wefunder Portal LLC, $250,000 to $1,070,000 (2021)
Talino Ventures PBC, a corporation in California, CA, filed a Form C with the SEC on November 10, 2021 to raise $250,000 to $1,070,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $467,490 in revenue and a net loss of $163,508, with 2 employees.
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- Website
- talinolabs.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1240 Rosencrans Ave. Ste. 120 Manhattan Beach, California, CA 90266
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 4, 2016
- SEC CIK
- 0001885454
Offering terms
From the amendment filed November 10, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $250,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- 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 October 2, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $467,490 | $434,888 | sec.gov |
| Cost of goods sold | $-126,681 | $-240,000 | sec.gov |
| Net income | $-163,508 | $27,740 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,191,677 | $244,833 | sec.gov |
| Cash | $70,907 | $2,904 | sec.gov |
| Accounts receivable | $606,541 | $241,929 | sec.gov |
| Short-term debt | $378,947 | $323,722 | sec.gov |
| Long-term debt | $538,858 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 2, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 28, 2023 | Progress update | $250,000 | $1,070,000 | April 30, 2022 | This Form C-U shall serve as an update regarding the offering that ended December 10, 2021. The final accounting indicates that the total amount raised was $488,358.00 | sec.gov |
| November 10, 2021 | Amendment | $250,000 | $1,070,000 | April 30, 2022 | Added a redemption clause to the SAFE | sec.gov |
| October 6, 2021 | Offering | $250,000 | $1,070,000 | April 30, 2022 | sec.gov |
Also on SpecStream
Updated October 2, 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.