Data / Crowdfunding / California / Whimstay, Inc.
Whimstay, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $4,999,999 (2022)
Whimstay, Inc., a corporation in Danville, CA, filed a Form C with the SEC on August 24, 2022 to raise $9,999 to $4,999,999 in Class A Common Stock through StartEngine Capital, LLC. The offering closed on October 25, 2022. In its most recent fiscal year it reported $27,669 in revenue and a net loss of $1,150,676, with 9 employees.
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- Website
- Whimstay.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 425 EL PINTADO RD. SUITE 360, Danville, CA 94526
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 14, 2018
- SEC CIK
- 0001860213
Offering terms
From the amendment filed August 24, 2022.
- Security
- Class A Common Stock
- Price
- $1.38
- Target
- $9,999
- Maximum
- $4,999,999
- Deadline
- October 25, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed October 31, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $27,669 | $20,381 | sec.gov |
| Cost of goods sold | $10,907 | $7,516 | sec.gov |
| Net income | $-1,150,676 | $-1,150,534 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,542,143 | $140,263 | sec.gov |
| Cash | $1,352,183 | $22,432 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $382,866 | $163,596 | sec.gov |
| Long-term debt | $4,222,500 | $2,374,871 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 31, 2022 | Progress update | $9,999 | $4,999,999 | October 25, 2022 | At the close of the offering, the issuer closed on $1,389,197.43 and 1,077,727 number of securities. | sec.gov |
| August 24, 2022 | Amendment | $9,999 | $4,999,999 | October 25, 2022 | Issuer is extending campaign end date. | sec.gov |
| June 21, 2022 | Amendment | $9,999 | $4,999,999 | August 26, 2022 | Issuer is extending campaign for 60 days. | sec.gov |
| April 27, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2022 | Amendment | $9,999 | $4,999,999 | June 27, 2022 | Campaign is extending by 60 days, Updating 2020/2021 financials and disclosing recent amendment to securities. | sec.gov |
| October 29, 2021 | Offering | $9,999 | $1,069,999 | April 27, 2022 | sec.gov |
Updated October 31, 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.