Data / Crowdfunding / Texas / ThisWay Global Inc.
ThisWay Global Inc.: crowdfunding raise on Wefunder Portal LLC, $49,998 to $4,999,998 (2021)
ThisWay Global Inc., a corporation in Austin, TX, filed a Form C with the SEC on December 9, 2021 to raise $49,998 to $4,999,998 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $980,662 in revenue and a net loss of $459,949, with 12 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.thiswayglobal.com
- Funding portal
- Wefunder Portal LLC
- Address
- 801 Barton Springs Road, Austin, TX 78704
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 30, 2016
- SEC CIK
- 0001815457
Offering terms
From the offering filed December 9, 2021.
- Security
- Preferred Stock
- Price
- $3.12
- Target
- $49,998
- Maximum
- $4,999,998
- Deadline
- April 30, 2022
- Portal compensation
- 6.75% 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 filed December 9, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $980,662 | $208,412 | sec.gov |
| Cost of goods sold | $42,510 | $62,063 | sec.gov |
| Net income | $-459,949 | $-1,339,712 | sec.gov |
| Taxes paid | $38,287 | $47,258 | sec.gov |
| Total assets | $2,432,959 | $1,019,043 | sec.gov |
| Cash | $492,252 | $330,457 | sec.gov |
| Accounts receivable | $786,858 | $8,231 | sec.gov |
| Short-term debt | $1,110,425 | $1,001,320 | sec.gov |
| Long-term debt | $4,107,203 | $2,242,443 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 9, 2021 | Offering | $49,998 | $4,999,998 | April 30, 2022 | sec.gov | |
| December 8, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| August 3, 2020 | Amendment | $100,000 | $1,070,000 | October 16, 2020 | Changing lead investor, adding reviewed financials, and lowering the Early Bird valuation cap. | sec.gov |
| June 19, 2020 | Offering | $100,000 | $1,070,000 | October 16, 2020 | sec.gov |
Updated December 9, 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.