Crowdfunding

ReGrained Inc

Deadline passed 2020-11-06

Corporation · Delaware · Incorporated 2019-02-20

CIK 1690165
File 020-26719
State DE

Target Amount: $50,000; minimum to close
Maximum Amount: $535,000; ceiling, with over-subscription
Deadline: 2020-11-06; as the latest Form C set it

Connected

named in its Form C filings

Funding portalFirst Democracy VC Funding portalWefunder Filing · 2020-07-30Form C 020-26719 Financials · dashboardReported figures by fiscal year

ReGrained IncCIK 1690165

The intermediaries named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.

Latest Reported Offering

The terms on the latest Form C

Security Details

Type: Preferred Stock
Price per share: $4.00
Price set by: Dividing pre-money valuation $14,523,928 by number of shares outstanding on fully diluted basis.
Shares offered: 12,500+

Offering Costs

Cash commission: —; 5.0% of the offering amount upon a successful fundraise.
Equity compensation: —; No

Campaign timeline

target amount · by first filed

2020-07-30 · $50,000

2018-01-18$50,000020-23924
2020-07-30$50,000020-26719

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($50,000)

Reg D offerings

4 offerings

Private placements reported on Form D, separate from the crowdfunding raise: Reg CF sales are never counted in their sold amounts

Form D offerings
File	First filed	Latest	Sought	Sold	Investors	Exemption
021-467523	First filed2022-12-15	Latest2022-12-15	Sought$6M	Sold$20K	Investors1	Exemption506(b)
021-365659	First filed2020-04-23	Latest2020-04-23	Sought$1.5M	Sold$285K	Investors5	Exemption506(b)
021-307060	First filed2018-03-06	Latest2018-03-06	Sought$2M	Sold$185K	Investors4	Exemption506(c)
021-274559	First filed2016-11-16	Latest2016-11-16	SoughtIndefinite	Sold$177K	Investors6	Exemption504

Its Form D page

Filing history

Form C family — 7 filings

Filed	Form	File number	Portal	What it states	What the filer said
2020-07-30	C	020-26719	Wefunder	$50K target, up to $535K · Preferred Stock at $4.00 · closes 2020-11-06	—
2020-06-12	C-AR	020-23924	First Democracy VC	Revenue $359K · net income -$1.7M · 8 employees	—
2018-05-30	C-U	020-23924	First Democracy VC	$50K target, up to $1.1M · Debt at $1.00 · closes 2018-03-16	$514,561.65 in investments. Payments are still being processed; final number is yet to be determined.
2018-04-30	C-AR	020-23924	First Democracy VC	Revenue $131K · net income -$571K · 7 employees	—
2018-03-09	C/A	020-23924	First Democracy VC	$50K target, up to $1.1M · Debt at $1.00 · closes 2018-03-16	Adding second video transcript to Exhibits.
2018-01-18	C/A	020-23924	First Democracy VC	$50K target, up to $1.1M · Debt at $1.00 · closes 2018-03-16	Updating the target offering amount to the what is stated in the Form C
2018-01-18	C	020-23924	First Democracy VC	$500K target, up to $1.1M · Crowd Note at $1.00 · closes 2018-03-16	—

Latest Metrics

Most recent fiscal year, as the latest filing reports it

Employees: 5
Total Assets: $1,084,132
Cash on Hand: $653,014
Revenues: $359,432
Net Income: -$1,664,702

The reported figures behind ReGrained Inc

Form C prints a most-recent and a prior fiscal year side by side but never names them. The dashboard chains every filing into those years and plots them. EDGAR still has each Form C-AR; the dashboard lays every year they filed next to it.

Reported financials chained into fiscal years — revenue, income, assets, cash — not one filing at a time
A sparkline on each figure so the shape is visible before the numbers
A revenue series dated to the filings that reported it
The campaign as filed: target, ceiling, deadline, and the portal that ran it
Follow it, and see it change on your watchlist

Part of the Crowdfunding plan — $40/mo at launch pricing ($100 list)

See plans

View all SEC filings ↗