Data / Crowdfunding / Oregon / Twofold Inc.
Twofold Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,000,000 (2020)
Twofold Inc., a corporation in Portland, OR, filed a Form C with the SEC on April 28, 2020 to raise $25,000 to $1,000,000 in preferred stock through SI SECURITIES, LLC. The offering closed on June 26, 2020. In its most recent fiscal year it reported $91,120 in revenue and a net loss of $657,977, with 5 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.twofoldspaces.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 1155 SW MORRISON ST, SUITE 200, Portland, OR 97205
- Legal form
- Corporation
- Jurisdiction
- OR
- Incorporated
- October 31, 2016
- SEC CIK
- 0001709844
Offering terms
From the amendment filed April 28, 2020.
- Security
- Preferred Stock
- Price
- $0.44
- Target
- $25,000
- Maximum
- $1,000,000
- Deadline
- June 26, 2020
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C/A filed April 28, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $91,120 | $0 | sec.gov |
| Cost of goods sold | $-129,499 | $0 | sec.gov |
| Net income | $-657,977 | $-549,492 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $69,048 | $114,150 | sec.gov |
| Cash | $47,581 | $63,174 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $240,929 | $208,453 | sec.gov |
| Long-term debt | $1,539,978 | $953,659 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2020 | Amendment | $25,000 | $1,000,000 | June 26, 2020 | Amending the share price from $0.4356 to $0.4192 | sec.gov |
| April 3, 2020 | Offering | $25,000 | $1,000,000 | June 26, 2020 | sec.gov |
Updated April 28, 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.