Data / Crowdfunding / California / WorldViz, Inc.
WorldViz, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2018)
WorldViz, Inc., a corporation in Santa Barbara, CA, filed a Form C with the SEC on February 8, 2018 to raise $25,000 to $1,070,000 in preferred stock through SI SECURITIES, LLC. The offering closed on April 27, 2018. In its most recent fiscal year it reported $1,417,617 in revenue and a net loss of $918,936, with 20 employees.
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- Website
- www.worldviz.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 1719 State Street, Santa Barbara, CA 93101
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 6, 2018
- SEC CIK
- 0001602930
Offering terms
From the offering filed February 8, 2018.
- Security
- Preferred Stock
- Price
- $7.28
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 27, 2018
- Portal compensation
- 7.5% of the amount raised.
Financials
From the Form C-AR filed June 15, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,417,617 | $2,164,602 | sec.gov |
| Cost of goods sold | $317,931 | $941,846 | sec.gov |
| Net income | $-918,936 | $-2,174,656 | sec.gov |
| Taxes paid | $3,524 | $1,686 | sec.gov |
| Total assets | $912,512 | $2,010,481 | sec.gov |
| Cash | $0 | $390,547 | sec.gov |
| Accounts receivable | $203,483 | $640,597 | sec.gov |
| Short-term debt | $1,551,234 | $1,694,595 | sec.gov |
| Long-term debt | $406,307 | $416,959 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 15, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 15, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2018 | Progress update | $25,000 | $1,070,000 | April 27, 2018 | The issuer raised approximately $1,070,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| February 8, 2018 | Offering | $25,000 | $1,070,000 | April 27, 2018 | sec.gov |
Updated April 15, 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.