GroundSwell SPC

CIK: 1703948WAIncorporated: 2017-03-14

Current Offering

$250,000
Target Amount
$1,000,000
Maximum Amount
2017-12-24
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 250,000+

Offering Costs

Cash commission: 4%
4.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2017-06-27
Raising $250,000 -$1,000,000 via 250,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-12-24
As of 2019-06-14
Raising $10,000 -$107,000 via 10,000+ shares of convertible Note at $0.00 per share
Deadline: 2019-09-13
Filing date2017-06-272019-06-14
Current employees42
Act received most recent fiscal year$45.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$44,125$2,051
Cash equi prior fiscal year$37,523$72,186
Cost goods sold most recent fiscal year$0.00$116,695
Cost goods sold prior fiscal year$0.00$99,267
Long term debt most recent fiscal year$0.00$1,059,092
Long term debt prior fiscal year$0.00$427,500
Net income most recent fiscal year-$65.00-$701,726.49
Net income prior fiscal year-$124,999.00-$422,387.51
Revenue most recent fiscal year$0.00$0.00
Revenue prior fiscal year$0.00$0.00
Short term debt most recent fiscal year$0.00$9,092
Short term debt prior fiscal year$0.00$0.00
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$44,170$7,051
Total asset prior fiscal year$37,523$77,186

Financial Reports

Offering History

As of 2017-06-27
Raising $250,000 -$1,000,000 via 250,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-12-24
As of 2019-06-14
Raising $10,000 -$107,000 via 10,000+ shares of convertible Note at $0.00 per share
Deadline: 2019-09-13
Filing date2017-06-272019-06-14
Current employees42
Act received most recent fiscal year$45.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$44,125$2,051
Cash equi prior fiscal year$37,523$72,186
Cost goods sold most recent fiscal year$0.00$116,695
Cost goods sold prior fiscal year$0.00$99,267
Long term debt most recent fiscal year$0.00$1,059,092
Long term debt prior fiscal year$0.00$427,500
Net income most recent fiscal year-$65.00-$701,726.49
Net income prior fiscal year-$124,999.00-$422,387.51
Revenue most recent fiscal year$0.00$0.00
Revenue prior fiscal year$0.00$0.00
Short term debt most recent fiscal year$0.00$9,092
Short term debt prior fiscal year$0.00$0.00
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$44,170$7,051
Total asset prior fiscal year$37,523$77,186

Company Information

Corporation
WA
2017-03-14

Latest Metrics

Employees4
Total Assets$44,170
Cash on Hand$44,125
Revenues$0.00
Net Income-$65.00

Crowdfunding Portals

This company is raising funds through this portal