Data / Crowdfunding / Delaware / Tradefox, Inc.
Tradefox, Inc.: crowdfunding raise on Wefunder Portal LLC, $100,000 to $618,000 (2023)
Tradefox, Inc., a corporation in Lewes, DE, filed a Form C with the SEC on December 11, 2023 to raise $100,000 to $618,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $4,373 in revenue and a net loss of $803,608, with 12 employees.
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- Website
- www.tradefox.co
- Funding portal
- Wefunder Portal LLC
- Address
- 16192 Coastal Highway, Lewes, DE 19958
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 13, 2012
- SEC CIK
- 0001689304
Offering terms
From the amendment filed December 11, 2023.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $618,000
- Deadline
- April 29, 2024
- Portal compensation
- 6.5% 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/A filed December 11, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,373 | $10,036 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-803,608 | $-618,515 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $284,561 | $280,174 | sec.gov |
| Cash | $12,394 | $22,173 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $247,246 | $323,364 | sec.gov |
| Long-term debt | $57,064 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 11, 2023 | Amendment | $100,000 | $618,000 | April 29, 2024 | Adding VIP terms | sec.gov |
| April 17, 2023 | Offering | $100,000 | $618,000 | April 29, 2024 | sec.gov | |
| March 16, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| June 11, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 21, 2020 | Amendment | $50,000 | $500,000 | August 31, 2020 | suz (material amendment) | sec.gov |
| August 28, 2019 | Offering | $50,000 | $1,070,000 | January 17, 2020 | sec.gov | |
| August 27, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| October 25, 2017 | Amendment | $50,000 | $1,000,000 | October 31, 2017 | Included video transcripts, and updated business plan. | sec.gov |
| July 28, 2017 | Amendment | $50,000 | $1,000,000 | October 31, 2017 | Extend campaign, increase maximum offering amount, and updated business plan. | sec.gov |
| May 19, 2017 | Amendment | $50,000 | $750,000 | July 30, 2017 | Include partial close language. | sec.gov |
| May 2, 2017 | Amendment | $50,000 | $750,000 | July 30, 2017 | Include reviewed 2016 financials. Update year-end numbers. Extend deadline date. | sec.gov |
| March 1, 2017 | Amendment | $50,000 | $750,000 | May 12, 2017 | Update risks factors to mention the foreign subsidiary. | sec.gov |
| February 27, 2017 | Amendment | $50,000 | $750,000 | May 12, 2017 | Include CPA reviewed financials, update most-recent and prior fiscal year financials, increase maximum offering amount to $750,000 and include updated business plan. | sec.gov |
| November 15, 2016 | Offering | $50,000 | $100,000 | May 12, 2017 | sec.gov |
Updated December 11, 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.