KONING CORP

CIK: 1174199DEIncorporated: 2002-01-14

Current Offering

$25,000
Target Amount
$5,000,000
Maximum Amount
2022-04-30
Deadline

Security Details

Type: Crowd SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 25,000+

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the offering.

Financial Reports

Offering via Republic

Offering History

As of 2021-08-12
Raising $25,000 -$5,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2022-04-30
As of 2022-08-01
Raising $9,997 -$2,898,856 via 1,757+ shares of common Stock at $5.69 per share
Deadline: 2022-10-31
As of 2022-10-27
Raising $9,997 -$2,898,856 via 1,757+ shares of common Stock at $5.69 per share
Deadline: 2022-12-30
Filing date2021-08-122022-08-01
Current employees1813
Act received most recent fiscal year$777,636$322,892
Act received prior fiscal year$33,103$777,636
Cash equi most recent fiscal year$1,099,408$522,412
Cash equi prior fiscal year$402,671$1,099,408
Cost goods sold most recent fiscal year$417,340$153,022
Cost goods sold prior fiscal year$93,669$417,340
Long term debt most recent fiscal year$1,160,000$5,355,334
Long term debt prior fiscal year$1,000,000$5,198,730
Net income most recent fiscal year-$1,135,428.00-$4,869,465.00
Net income prior fiscal year-$1,746,975.00-$1,135,429.00
Revenue most recent fiscal year$3,089,624$357,779
Revenue prior fiscal year$2,163,088$3,089,624
Short term debt most recent fiscal year$4,358,049$3,768,501
Short term debt prior fiscal year$2,362,160$4,358,049
Tax paid most recent fiscal year-$5,085.00$65.00
Tax paid prior fiscal year-$7,590.00$5,085
Total asset most recent fiscal year$27,843,270$26,507,126
Total asset prior fiscal year$25,550,691$27,843,270

Financial Reports

Offering History

As of 2021-08-12
Raising $25,000 -$5,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2022-04-30
As of 2022-08-01
Raising $9,997 -$2,898,856 via 1,757+ shares of common Stock at $5.69 per share
Deadline: 2022-10-31
As of 2022-10-27
Raising $9,997 -$2,898,856 via 1,757+ shares of common Stock at $5.69 per share
Deadline: 2022-12-30
Filing date2021-08-122022-08-01
Current employees1813
Act received most recent fiscal year$777,636$322,892
Act received prior fiscal year$33,103$777,636
Cash equi most recent fiscal year$1,099,408$522,412
Cash equi prior fiscal year$402,671$1,099,408
Cost goods sold most recent fiscal year$417,340$153,022
Cost goods sold prior fiscal year$93,669$417,340
Long term debt most recent fiscal year$1,160,000$5,355,334
Long term debt prior fiscal year$1,000,000$5,198,730
Net income most recent fiscal year-$1,135,428.00-$4,869,465.00
Net income prior fiscal year-$1,746,975.00-$1,135,429.00
Revenue most recent fiscal year$3,089,624$357,779
Revenue prior fiscal year$2,163,088$3,089,624
Short term debt most recent fiscal year$4,358,049$3,768,501
Short term debt prior fiscal year$2,362,160$4,358,049
Tax paid most recent fiscal year-$5,085.00$65.00
Tax paid prior fiscal year-$7,590.00$5,085
Total asset most recent fiscal year$27,843,270$26,507,126
Total asset prior fiscal year$25,550,691$27,843,270

Company Information

Corporation
DE
2002-01-14

Latest Metrics

Employees18
Total Assets$27,843,270
Cash on Hand$1,099,408
Revenues$3,089,624
Net Income-$1,135,428.00

Crowdfunding Portals

This company is raising funds through this portal