Data / Crowdfunding / Virginia / Traipse PBC
Traipse PBC: crowdfunding raise on MiTec, PBC, $300,000 to $950,000 (2021)
Traipse PBC, a corporation in Staunton, VA, filed a Form C with the SEC on July 12, 2021 to raise $300,000 to $950,000 in preferred stock through MiTec, PBC. The offering closed on November 10, 2021. In its most recent fiscal year it reported $7,160 in revenue and a net loss of $85,432, with 2 employees.
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- Website
- www.traipse.co
- Funding portal
- MiTec, PBC
- Address
- 32 N AUGUSTA ST, Staunton, VA 24401
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 28, 2014
- SEC CIK
- 0001718118
Offering terms
From the amendment filed July 12, 2021.
- Security
- Preferred Stock
- Price
- $0.40
- Target
- $300,000
- Maximum
- $950,000
- Deadline
- November 10, 2021
- Portal compensation
- 6% of amounts raised plus third-party escrow fees.
Financials
From the Form C/A filed July 12, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $7,160 | $18,847 | sec.gov |
| Cost of goods sold | $4,211 | $7,258 | sec.gov |
| Net income | $-85,432 | $-100,739 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $143,190 | $155,568 | sec.gov |
| Cash | $2,042 | $2,386 | sec.gov |
| Accounts receivable | $272 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $239,327 | $228,397 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 12, 2021 | Amendment | $300,000 | $950,000 | November 10, 2021 | Replacing entire offering statement, including minor correction of the valuation after the company reaches the first $300,000. The correct valuation is $2.99M rather than $3M. | sec.gov |
| April 20, 2021 | Offering | $300,000 | $950,000 | November 10, 2021 | sec.gov |
Updated July 12, 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.