Data / Crowdfunding / California / ZipZap, Inc.
ZipZap, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $100,000 (2018)
ZipZap, Inc., a corporation in Orinda, CA, filed a Form C with the SEC on April 4, 2018 to raise $10,000 to $100,000 in Convertible Note through StartEngine Capital, LLC. The offering closed on April 18, 2018. In its most recent fiscal year it reported $11,404 in revenue and a net loss of $22,523, with 7 employees.
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- Website
- www.zipzap.me
- Funding portal
- StartEngine Capital, LLC
- Address
- 21 Orinda Way #C-260, Orinda, CA 94563
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 4, 2010
- SEC CIK
- 0001522102
Offering terms
From the amendment filed April 4, 2018.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $10,000
- Maximum
- $100,000
- Deadline
- April 18, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-AR filed April 29, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $11,404 | $14,427 | sec.gov |
| Cost of goods sold | $33,927 | $54,150 | sec.gov |
| Net income | $-22,523 | $-66,711 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $36,800 | $32,742 | sec.gov |
| Cash | $1,799 | $6,174 | sec.gov |
| Accounts receivable | $0 | $2,952 | sec.gov |
| Short-term debt | $2,324,958 | $2,325,048 | sec.gov |
| Long-term debt | $566,045 | $606,045 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| April 20, 2018 | Progress update | $10,000 | $100,000 | April 18, 2018 | At the close of the offering, the amount closed on is $44,500.00 and 44,500 number of securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| April 4, 2018 | Amendment | $10,000 | $100,000 | April 18, 2018 | Update to offering document due to xml filing error. | sec.gov |
| February 2, 2018 | Offering | $10,000 | $100,000 | April 18, 2018 | sec.gov | |
| November 7, 2017 | Progress update | $100,000 | $1,000,000 | November 6, 2017 | The final number is $134,933.00 in investments. | sec.gov |
| July 31, 2017 | Amendment | $100,000 | $1,000,000 | July 31, 2017 | Move deadline date to 7/13/17 (filed as today due to EDGAR limitation); adds video transcript; includes final snapshot of busienss plan | sec.gov |
| April 25, 2017 | Offering | $100,000 | $1,000,000 | October 22, 2017 | sec.gov |
Updated April 29, 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.