Data / Crowdfunding / Witnet Foundation
Witnet Foundation: crowdfunding raise on OpenDeal Inc., $200,000 to $1,070,000 (2018)
Witnet Foundation, a corporation in Madrid, filed a Form C with the SEC on March 1, 2018 to raise $200,000 to $1,070,000 in DPAs (Debt Payable by Assets) through OpenDeal Inc.. The offering closed on April 30, 2018. In its most recent fiscal year it reported $0 in revenue and $0 in net income.
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
- witnet.foundation
- Funding portal
- OpenDeal Inc.
- Address
- WITNET FOUNDATION CALLE HORTALEZA 106 6IZQ, Madrid, 28004
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 8, 2018
- SEC CIK
- 0001730100
Offering terms
From the offering filed March 1, 2018.
- Security
- DPAs (Debt Payable by Assets)
- Price
- $1.00
- Target
- $200,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2018
- Portal compensation
- 6.0% of the amount raised
Financials
From the Form C-AR filed April 30, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,509,404 | $3,095,105 | sec.gov |
| Cash | $681,232 | $1,289,629 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $5,960,346 | $5,467,872 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 12, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| March 14, 2018 | Progress update | $200,000 | $1,070,000 | April 30, 2018 | The offering is fully subscribed, the offering will close on Friday March 23rd, 2018 at 11:59:59 PM EST. All cancellations must be received before March 21st, 11:59:59 PM EST. The issuer will continue to accept investment commitments through this period. | sec.gov |
| March 1, 2018 | Offering | $200,000 | $1,070,000 | April 30, 2018 | sec.gov |
Updated March 12, 2021. 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.