Data / Crowdfunding / Washington / Wulus Group Inc.
Wulus Group Inc.: crowdfunding raise on Jumpstart Micro, Inc. d/b/a Issuance Express, $10,000 to $1,234,363 (2024)
Wulus Group Inc., a corporation in Renton, WA, filed a Form C with the SEC on June 13, 2024 to raise $10,000 to $1,234,363 in Non-Voting Common Stock through Jumpstart Micro, Inc. d/b/a Issuance Express. The offering closed on December 30, 2024. In its most recent fiscal year it reported $668,325 in revenue and $38,671 in net income, with 2 employees.
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- Website
- www.Wulusgroup.com
- Funding portal
- Jumpstart Micro, Inc. d/b/a Issuance Express
- Address
- 707 S. Grady Way Suite 600, Renton, WA 98057
- Legal form
- Corporation
- Jurisdiction
- WA
- Incorporated
- November 22, 2019
- SEC CIK
- 0001993949
Offering terms
From the amendment filed June 13, 2024.
- Security
- Non-Voting Common Stock
- Price
- $2.00
- Target
- $10,000
- Maximum
- $1,234,363
- Deadline
- December 30, 2024
- Portal compensation
- A cash-based success fee of 6.5% of the dollar amount raised in the Offering after each successful closing, including any intermediary closings
Financials
From the Form C/A filed June 13, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $668,325 | $989,407 | sec.gov |
| Cost of goods sold | $467,846 | $788,162 | sec.gov |
| Net income | $38,671 | $71,417 | sec.gov |
| Taxes paid | $10,250 | $0 | sec.gov |
| Total assets | $380,223 | $84,719 | sec.gov |
| Cash | $39,062 | $53,284 | sec.gov |
| Accounts receivable | $71,880 | $0 | sec.gov |
| Short-term debt | $382,427 | $293,991 | sec.gov |
| Long-term debt | $493,748 | $217,521 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 13, 2024 | Amendment | $10,000 | $1,234,363 | December 30, 2024 | Extending the deadline to reach the target offering amount to December 30, 2024. | sec.gov |
| February 12, 2024 | Amendment | $10,000 | $1,234,363 | June 30, 2024 | Extending the deadline to reach the target offering amount to June 30, 2024. | sec.gov |
| December 13, 2023 | Amendment | $10,000 | $1,234,363 | January 15, 2024 | Changed the escrow agent from Fortress Trust to North Capital Private Securities Corporation. | sec.gov |
| November 20, 2023 | Amendment | $10,000 | $1,234,363 | January 15, 2024 | The Company is updating the minimum investment amount from $500 to $100. The Company is also changing the closing date from January 15th, 2024 to February 29th, 2024. | sec.gov |
| October 24, 2023 | Offering | $10,000 | $1,234,363 | January 15, 2024 | sec.gov |
Updated June 13, 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.