Data / Crowdfunding / California / Venomyx, Inc
Venomyx, Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $107,000 (2019)
Venomyx, Inc, a corporation in La Jolla, CA, filed a Form C with the SEC on April 24, 2019 to raise $50,000 to $107,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on June 30, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $16,725, with 3 employees.
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- Website
- www.venomyx.com
- Funding portal
- Wefunder Portal LLC
- Address
- 11011 North Torrey Pines Road, La Jolla, CA 92037
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 25, 2015
- SEC CIK
- 0001755717
Offering terms
From the amendment filed April 24, 2019.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $107,000
- Deadline
- June 30, 2019
- Portal compensation
- 5.0% 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/A filed April 24, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-16,725 | $-284,748 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $16,000 | $30,226 | sec.gov |
| Cash | $0 | $10,226 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $25,000 | $25,000 | sec.gov |
| Long-term debt | $153,625 | $152,125 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 24, 2019 | Amendment | $50,000 | $107,000 | June 30, 2019 | Added 2018 GAAP Financials | sec.gov |
| April 10, 2019 | Amendment | $50,000 | $107,000 | June 30, 2019 | Added 2018 GAAP Financials | sec.gov |
| October 23, 2018 | Offering | $50,000 | $107,000 | March 31, 2019 | sec.gov |
Updated April 24, 2019. 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.