Data / Crowdfunding / Colorado / Vin Social Corporation
Vin Social Corporation: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2021)
Vin Social Corporation, a corporation in Denver, CO, filed a Form C with the SEC on June 1, 2021 to raise $50,000 to $1,070,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $1,112,955 in revenue and $66,783 in net income, with 4 employees.
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- Website
- vinsocial.co
- Funding portal
- Wefunder Portal LLC
- Address
- 1624 Market St 202, Denver, CO 80202
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 13, 2020
- SEC CIK
- 0001840526
Offering terms
From the amendment filed June 1, 2021.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- 6.5% 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 April 28, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,112,955 | $514,417 | sec.gov |
| Cost of goods sold | $281,516 | $216,186 | sec.gov |
| Net income | $66,783 | $-213,409 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $288,078 | $39,686 | sec.gov |
| Cash | $141,121 | $22,469 | sec.gov |
| Accounts receivable | $3,924 | $6,651 | sec.gov |
| Short-term debt | $184,424 | $245,627 | sec.gov |
| Long-term debt | $105,017 | $1,316 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| June 1, 2021 | Amendment | $50,000 | $1,070,000 | April 30, 2022 | CA - lowering valuation cap (Katie) | sec.gov |
| March 8, 2021 | Amendment | $50,000 | $1,070,000 | April 30, 2022 | CA - adding lead investor (Katie) | sec.gov |
| February 26, 2021 | Offering | $50,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated April 28, 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.