Data / Crowdfunding / New Mexico / Undesert Corp
Undesert Corp: crowdfunding raise on Fundify Portal, LLC, $25,000 to $245,000 (2022)
Undesert Corp, a corporation in Los Alamos, NM, filed a Form C with the SEC on June 30, 2022 to raise $25,000 to $245,000 in SAFE Note through Fundify Portal, LLC. The offering closed on June 30, 2022. In its most recent fiscal year it reported $1,217 in revenue and a net loss of $6,765, with 2 employees.
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- Website
- www.undesert.com
- Funding portal
- Fundify Portal, LLC
- Address
- 3283 WALNUT STREET APT B, Los Alamos, NM 87544
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 18, 2021
- SEC CIK
- 0001893044
Offering terms
From the amendment filed June 30, 2022.
- Security
- SAFE Note
- Price
- $1.00
- Target
- $25,000
- Maximum
- $245,000
- Deadline
- June 30, 2022
- Portal compensation
- 6.0% of the Offering amount upon the successful completion. Intermediary may also be entitled to reimbursement for fee advances or out-of-pocket costs for third-party expenses it pays or incurs on behalf of the Issuer in connection with the Offering.
Financials
From the Form C/A filed June 30, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,217 | $4,247 | sec.gov |
| Cost of goods sold | $7,982 | $23,000 | sec.gov |
| Net income | $-6,765 | $-18,753 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $450,000 | $400,000 | sec.gov |
| Cash | $9,000 | $10,000 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 30, 2022 | Amendment | $25,000 | $245,000 | June 30, 2022 | Adding completed 2021 financials | sec.gov |
| April 13, 2022 | Amendment | $25,000 | $245,000 | June 30, 2022 | Upload additional SPV Formation Document | sec.gov |
| April 5, 2022 | Amendment | $25,000 | $245,000 | June 30, 2022 | To fix typo's in the offering statement. | sec.gov |
| December 28, 2021 | Amendment | $25,000 | $245,000 | June 30, 2022 | Update to Maximum Amount - From $245,000 to $250,000. Update to Jurisdiction of corporation. | sec.gov |
| December 27, 2021 | Offering | $25,000 | $245,000 | June 30, 2022 | sec.gov |
Updated June 30, 2022. 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.