MAGFAST LLC

CIK: 1719420DEIncorporated: 2017-10-03

Current Offering

$10,000
Target Amount
$1,070,000
Maximum Amount
2021-01-11
Deadline

Security Details

Type: Common Stock
Price per share: $10.00
Shares offered: 1,000+

Offering Costs

Cash commission: 5%
Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Equity compensation: 0%
None.

Financial Reports

Offering via NetCapital Funding Portal Inc.

Offering History

As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2020-11-25
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-12-22
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2021-11-10
Raising $10,004 -$3,948,398 via 703+ shares of common Stock at $14.23 per share
Deadline: 2021-12-02
As of 2022-01-27
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-02-28
As of 2022-01-28
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-04-29
As of 2022-05-02
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-05-02
As of 2022-11-17
Raising $10,012 -$3,350,006 via 660+ shares of common Stock at $15.17 per share
Deadline: 2023-01-17
As of 2022-12-14
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-01-17
As of 2023-01-13
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-04-28
Filing date2020-11-192021-11-102022-05-022022-11-17
Current employees2222
Act received most recent fiscal year$0.00$0.00$0.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$0.00
Cash equi most recent fiscal year$1,185,735$1,650,223$0.00$2,662,369
Cash equi prior fiscal year$554,904$451,398$1,650,223$1,650,223
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$0.00$0.00$0.00
Long term debt prior fiscal year$0.00$0.00$0.00$0.00
Net income most recent fiscal year-$2,406,931.00-$4,811,177.00$0.00-$4,267,901.00
Net income prior fiscal year-$884,514.00-$2,406,931.00-$4,811,177.00-$4,811,177.00
Revenue most recent fiscal year$0.00$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00$0.00
Short term debt most recent fiscal year$127,084$127,084$0.00$127,084
Short term debt prior fiscal year$127,084$127,084$127,084$127,084
Tax paid most recent fiscal year$0.00$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00$0.00
Total asset most recent fiscal year$1,462,165$2,883,896$0.00$4,979,055
Total asset prior fiscal year$749,359$1,462,166$2,883,896$2,883,896

Financial Reports

Offering via NetCapital Funding Portal Inc.

Offering History

As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2020-11-25
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-12-22
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2021-11-10
Raising $10,004 -$3,948,398 via 703+ shares of common Stock at $14.23 per share
Deadline: 2021-12-02
As of 2022-01-27
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-02-28
As of 2022-01-28
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-04-29
As of 2022-05-02
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-05-02
As of 2022-11-17
Raising $10,012 -$3,350,006 via 660+ shares of common Stock at $15.17 per share
Deadline: 2023-01-17
As of 2022-12-14
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-01-17
As of 2023-01-13
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-04-28
Filing date2020-11-192021-11-102022-05-022022-11-17
Current employees2222
Act received most recent fiscal year$0.00$0.00$0.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$0.00
Cash equi most recent fiscal year$1,185,735$1,650,223$0.00$2,662,369
Cash equi prior fiscal year$554,904$451,398$1,650,223$1,650,223
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$0.00$0.00$0.00
Long term debt prior fiscal year$0.00$0.00$0.00$0.00
Net income most recent fiscal year-$2,406,931.00-$4,811,177.00$0.00-$4,267,901.00
Net income prior fiscal year-$884,514.00-$2,406,931.00-$4,811,177.00-$4,811,177.00
Revenue most recent fiscal year$0.00$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00$0.00
Short term debt most recent fiscal year$127,084$127,084$0.00$127,084
Short term debt prior fiscal year$127,084$127,084$127,084$127,084
Tax paid most recent fiscal year$0.00$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00$0.00
Total asset most recent fiscal year$1,462,165$2,883,896$0.00$4,979,055
Total asset prior fiscal year$749,359$1,462,166$2,883,896$2,883,896

Financial Reports

Offering via NetCapital Funding Portal Inc.

Offering History

As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2020-11-25
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-12-22
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2021-11-10
Raising $10,004 -$3,948,398 via 703+ shares of common Stock at $14.23 per share
Deadline: 2021-12-02
As of 2022-01-27
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-02-28
As of 2022-01-28
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-04-29
As of 2022-05-02
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-05-02
As of 2022-11-17
Raising $10,012 -$3,350,006 via 660+ shares of common Stock at $15.17 per share
Deadline: 2023-01-17
As of 2022-12-14
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-01-17
As of 2023-01-13
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-04-28
Filing date2020-11-192021-11-102022-05-022022-11-17
Current employees2222
Act received most recent fiscal year$0.00$0.00$0.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$0.00
Cash equi most recent fiscal year$1,185,735$1,650,223$0.00$2,662,369
Cash equi prior fiscal year$554,904$451,398$1,650,223$1,650,223
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$0.00$0.00$0.00
Long term debt prior fiscal year$0.00$0.00$0.00$0.00
Net income most recent fiscal year-$2,406,931.00-$4,811,177.00$0.00-$4,267,901.00
Net income prior fiscal year-$884,514.00-$2,406,931.00-$4,811,177.00-$4,811,177.00
Revenue most recent fiscal year$0.00$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00$0.00
Short term debt most recent fiscal year$127,084$127,084$0.00$127,084
Short term debt prior fiscal year$127,084$127,084$127,084$127,084
Tax paid most recent fiscal year$0.00$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00$0.00
Total asset most recent fiscal year$1,462,165$2,883,896$0.00$4,979,055
Total asset prior fiscal year$749,359$1,462,166$2,883,896$2,883,896

Financial Reports

Offering via NetCapital Funding Portal Inc.

Offering History

As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2020-11-25
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-12-22
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2020-12-17
As of 2020-11-19
Raising $10,000 -$1,070,000 via 1,000+ shares of common Stock at $10.00 per share
Deadline: 2021-01-11
As of 2021-11-10
Raising $10,004 -$3,948,398 via 703+ shares of common Stock at $14.23 per share
Deadline: 2021-12-02
As of 2022-01-27
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-02-28
As of 2022-01-28
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-04-29
As of 2022-05-02
Raising $10,012 -$4,999,986 via 660+ shares of common Stock at $15.17 per share
Deadline: 2022-05-02
As of 2022-11-17
Raising $10,012 -$3,350,006 via 660+ shares of common Stock at $15.17 per share
Deadline: 2023-01-17
As of 2022-12-14
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-01-17
As of 2023-01-13
Raising $10,012 -$3,349,994 via 643+ shares of common Stock at $15.57 per share
Deadline: 2023-04-28
Filing date2020-11-192021-11-102022-05-022022-11-17
Current employees2222
Act received most recent fiscal year$0.00$0.00$0.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$0.00
Cash equi most recent fiscal year$1,185,735$1,650,223$0.00$2,662,369
Cash equi prior fiscal year$554,904$451,398$1,650,223$1,650,223
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$0.00$0.00$0.00
Long term debt prior fiscal year$0.00$0.00$0.00$0.00
Net income most recent fiscal year-$2,406,931.00-$4,811,177.00$0.00-$4,267,901.00
Net income prior fiscal year-$884,514.00-$2,406,931.00-$4,811,177.00-$4,811,177.00
Revenue most recent fiscal year$0.00$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00$0.00
Short term debt most recent fiscal year$127,084$127,084$0.00$127,084
Short term debt prior fiscal year$127,084$127,084$127,084$127,084
Tax paid most recent fiscal year$0.00$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00$0.00
Total asset most recent fiscal year$1,462,165$2,883,896$0.00$4,979,055
Total asset prior fiscal year$749,359$1,462,166$2,883,896$2,883,896

Company Information

Limited Liability Company
DE
2017-10-03

Latest Metrics

Employees2
Total Assets$1,462,165
Cash on Hand$1,185,735
Revenues$0.00
Net Income-$2,406,931.00

Crowdfunding Portals

This company is raising funds through this portal