Data / Crowdfunding / California / Vendaval Corp
Vendaval Corp: crowdfunding raise on Mr. Crowd, $50,000 to $1,070,000 (2020)
Vendaval Corp, a corporation in Huntington Beach, CA, filed a Form C with the SEC on April 29, 2020 to raise $50,000 to $1,070,000 in preferred stock through Mr. Crowd. The offering closed on December 31, 2020. In its most recent fiscal year it reported $0 in revenue and a net loss of $64,000, with 1 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.vendavalcorp.com
- Funding portal
- Mr. Crowd
- Address
- 19345 SAWGRASS LANE, Huntington Beach, CA 92648
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- April 9, 2019
- SEC CIK
- 0001785391
Offering terms
From the amendment filed April 29, 2020.
- Security
- Preferred Stock
- Price
- $0.40
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- December 31, 2020
- Portal compensation
- 1) The issuer shall pay the intermediary a fee equal to 10% of the gross amount raised. 2) The issuer shall pay or reimburse all reasonable out-of-pocket third party expenses incurred by the intermediary on behalf of the issuer.
Financials
From the Form C/A filed April 29, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-64,000 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $39,000 | $0 | sec.gov |
| Cash | $39,000 | $0 | 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 |
|---|---|---|---|---|---|---|
| April 29, 2020 | Amendment | $50,000 | $1,070,000 | December 31, 2020 | To change: 1) use of proceeds; 2) include updated 2019 financial statements and accounting numbers; 3) financial conditions and historical results of operations; 4) compensation to be paid to the intermediary (*updated to align with Offering Statement) | sec.gov |
| April 29, 2020 | Amendment | $50,000 | $1,070,000 | December 31, 2020 | To change: 1) use of proceeds; 2) include updated 2019 financial statements and accounting numbers; 3) financial conditions and historical results of operations; 4) compensation to be paid to the intermediary | sec.gov |
| March 25, 2020 | Amendment | $50,000 | $1,070,000 | December 31, 2020 | Extension of offering deadline | sec.gov |
| August 21, 2019 | Offering | $50,000 | $1,070,000 | March 31, 2020 | sec.gov |
Updated April 29, 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.