Data / Crowdfunding / Texas / Work4Workers, Inc.
Work4Workers, Inc.: crowdfunding raise on Fundify Portal, LLC, $25,000 to $100,000 (2021)
Work4Workers, Inc., a corporation in Austin, TX, filed a Form C with the SEC on June 29, 2021 to raise $25,000 to $100,000 in Simple Agreement for Future Equity through Fundify Portal, LLC. The offering closed on October 15, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $23,897, with 4 employees.
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- Website
- www.work4workers.com
- Funding portal
- Fundify Portal, LLC
- Address
- 1604 WHITNEY WAY, Austin, TX 78741
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 30, 2020
- SEC CIK
- 0001848794
Offering terms
From the amendment filed June 29, 2021.
- Security
- Simple Agreement for Future Equity
- Price
- $1.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- October 15, 2021
- Portal compensation
- 6.0% of the Offering amount upon the successful completion. Intermediary may also be entitled to reimbursement for fee advances or out-of-pocket costs for 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 12, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $15,000 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-23,897 | $-22,827 | sec.gov |
| Taxes paid | $450 | $0 | sec.gov |
| Total assets | $3,256 | $4,813 | sec.gov |
| Cash | $3,256 | $4,813 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $80,304 | $57,971 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 12, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 12, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 6, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| June 23, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 22, 2021 | Progress update | $25,000 | $100,000 | October 15, 2021 | Issuer accepted oversubscription. Total amount of securities sold is $58,475 in SAFE securities. | sec.gov |
| June 29, 2021 | Amendment | $25,000 | $100,000 | October 15, 2021 | Correcting offering deadline | sec.gov |
| June 25, 2021 | Offering | $25,000 | $100,000 | October 15, 2021 | sec.gov |
Updated April 12, 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.