Data / Crowdfunding / Maryland / Trustwire Corporation
Trustwire Corporation: crowdfunding raise on Wefunder Portal LLC, $50,001 to $1,000,002 (2018)
Trustwire Corporation, a corporation in Gaithersburg, MD, filed a Form C with the SEC on December 20, 2018 to raise $50,001 to $1,000,002 in preferred stock through Wefunder Portal LLC. The offering closed on May 3, 2019. In its most recent fiscal year it reported $2,900 in revenue and a net loss of $88,296, with 4 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.trustwire.com
- Funding portal
- Wefunder Portal LLC
- Address
- 12154 Darnestown Rd, Unit 238, Gaithersburg, MD 20878
- Legal form
- Corporation
- Jurisdiction
- MD
- Incorporated
- August 31, 2017
- SEC CIK
- 0001762106
Offering terms
From the offering filed December 20, 2018.
- Security
- Preferred Stock
- Price
- $2.78
- Target
- $50,001
- Maximum
- $1,000,002
- Deadline
- May 3, 2019
- Portal compensation
- 7.0% 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 June 11, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,900 | $1,021 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-88,296 | $-53,524 | sec.gov |
| Taxes paid | $327 | $664 | sec.gov |
| Total assets | $26,291 | $273 | sec.gov |
| Cash | $26,291 | $273 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $12,464 | $12,397 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 11, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| December 20, 2018 | Offering | $50,001 | $1,000,002 | May 3, 2019 | sec.gov |
Updated June 11, 2020. 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.