Data / Crowdfunding / Massachusetts / Waku Inc
Waku Inc: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2022)
Waku Inc, a corporation in Jamaica Plain, MA, filed a Form C with the SEC on April 1, 2022 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $237,514 in revenue and a net loss of $614,482, with 2 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
- livewaku.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 301 Forest Hills St. APT 1, Jamaica Plain, MA 02130
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 21, 2017
- SEC CIK
- 0001866645
Offering terms
From the amendment filed April 1, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed January 30, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $237,514 | $254,424 | sec.gov |
| Cost of goods sold | $168,776 | $155,648 | sec.gov |
| Net income | $-614,482 | $-714,858 | sec.gov |
| Taxes paid | $2,476 | $1,140 | sec.gov |
| Total assets | $147,631 | $41,493 | sec.gov |
| Cash | $365 | $13,454 | sec.gov |
| Accounts receivable | $33,694 | $3,371 | sec.gov |
| Short-term debt | $527,041 | $542,914 | sec.gov |
| Long-term debt | $1,751,067 | $1,029,220 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 16, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2022 | Progress update | $25,000 | $1,070,000 | April 30, 2022 | The Offering closed successfully on 5/1/2022, having received commitments of $89,701, although a final accounting has not taken place. | sec.gov |
| April 1, 2022 | Amendment | $25,000 | $1,070,000 | April 30, 2022 | The Company has added disclosure regarding a concurrent private securities offering. | sec.gov |
| August 20, 2021 | Offering | $25,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated January 30, 2024. 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.