Data / Crowdfunding / Washington / WOW Studios, Inc.
WOW Studios, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $107,000 (2019)
WOW Studios, Inc., a corporation in Seattle, WA, filed a Form C with the SEC on February 6, 2019 to raise $25,000 to $107,000 in Units of Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on May 29, 2019. In its most recent fiscal year it reported $773,937 in revenue and a net loss of $39,589.
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- Website
- www.bukibrand.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 603 STEWART ST. #707, Seattle, WA 98101
- Legal form
- Corporation
- Jurisdiction
- WA
- Incorporated
- December 17, 2015
- SEC CIK
- 0001765568
Offering terms
From the amendment filed February 6, 2019.
- Security
- Units of Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $107,000
- Deadline
- May 29, 2019
- Portal compensation
- 6.0% of the amount raised
Financials
From the Form C-U filed May 30, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $773,937 | $532,202 | sec.gov |
| Cost of goods sold | $318,975 | $263,724 | sec.gov |
| Net income | $-39,589 | $-115,503 | sec.gov |
| Taxes paid | $15,823 | $15,275 | sec.gov |
| Total assets | $493,480 | $555,407 | sec.gov |
| Cash | $45,406 | $177,655 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $619,450 | $644,989 | sec.gov |
| Long-term debt | $144,170 | $140,969 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 30, 2019 | Progress update | $25,000 | $107,000 | May 29, 2019 | The Offering successfully closed, having raised approximately $61,276, although a final accounting has not yet taken place. | sec.gov |
| February 6, 2019 | Amendment | $25,000 | $107,000 | May 29, 2019 | The Form C filed on February 1, 2019 is hereby amended to provide updated financial statements due to the original financial statements being incomplete under Rule 201(t). | sec.gov |
| February 4, 2019 | Offering | $25,000 | $107,000 | May 29, 2019 | sec.gov |
Updated May 30, 2019. 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.