Data / Crowdfunding / New York / Waverly Labs Inc
Waverly Labs Inc: crowdfunding raise on StartEngine Capital, LLC, $9,995 to $1,199,996 (2022)
Waverly Labs Inc, a corporation in New York, NY, filed a Form C with the SEC on July 29, 2022 to raise $9,995 to $1,199,996 in Series C Common Stock through StartEngine Capital, LLC. The offering closed on August 31, 2022. In its most recent fiscal year it reported $832,033 in revenue and a net loss of $1,246,760, with 10 employees.
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- Website
- waverlylabs.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 19 MORRIS AVENUE, BROOKLYN, New York, NY 11205
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 16, 2014
- SEC CIK
- 0001720044
Offering terms
From the amendment filed July 29, 2022.
- Security
- Series C Common Stock
- Price
- $9.78
- Target
- $9,995
- Maximum
- $1,199,996
- Deadline
- August 31, 2022
- Portal compensation
- 9 percent
Financials
From the Form C-U filed September 8, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $832,033 | $423,312 | sec.gov |
| Cost of goods sold | $631,479 | $348,510 | sec.gov |
| Net income | $-1,246,760 | $-1,135,320 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,186,593 | $627,242 | sec.gov |
| Cash | $614,968 | $136,408 | sec.gov |
| Accounts receivable | $5,557 | $0 | sec.gov |
| Short-term debt | $490,551 | $889,897 | sec.gov |
| Long-term debt | $496,335 | $101,845 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 8, 2022 | Progress update | $9,995 | $1,199,996 | August 31, 2022 | At the close of the offering, the issuer closed on $136,479.24 and 16,426 number of securities. | sec.gov |
| August 16, 2022 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| July 29, 2022 | Amendment | $9,995 | $1,199,996 | August 31, 2022 | Issuer is extending campaign end date. | sec.gov |
| June 30, 2022 | Amendment | $9,995 | $1,199,996 | August 1, 2022 | Issuer is extending campaign end date. | sec.gov |
| June 1, 2022 | Offering | $9,995 | $1,199,996 | July 1, 2022 | sec.gov | |
| May 4, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| February 19, 2020 | Progress update | $9,997 | $1,069,996 | February 15, 2020 | At the close of the offering, the issuer closed on $1,068,928.6 and 334,936 number of securities. | sec.gov |
| January 15, 2020 | Amendment | $9,997 | $1,069,996 | February 15, 2020 | Increasing the maximum funding goal, adding a financial audit with updated financial condition and use of proceeds and extending the end date of the campaign. | sec.gov |
| December 17, 2019 | Amendment | $9,997 | $534,998 | January 16, 2020 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| October 15, 2019 | Offering | $9,997 | $534,998 | December 17, 2019 | sec.gov | |
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 10, 2018 | Progress update | $10,000 | $1,070,000 | February 15, 2018 | At the close of the offering, the amount closed on is $1,069,915 and 427,966 securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| May 1, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| November 22, 2017 | Amendment | $10,000 | $1,070,000 | February 15, 2018 | Typographical error in maximum funding amount. All other offering materials correctly displayed maximum funding amount of $1,070,000. | sec.gov |
| November 17, 2017 | Offering | $10,000 | $107,000 | February 15, 2018 | sec.gov |
Updated September 8, 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.