Crowdfunding

MAGFAST LLC

Deadline ahead 2027-04-30

Limited Liability Company · Delaware · Incorporated 2017-10-03

  • CIK 1719420
  • File 020-37214
  • State DE
Target Amount
$10,014
minimum to close
Maximum Amount
$4,500,001
ceiling, with over-subscription
Deadline
2027-04-30
as the latest Form C set it

Connected

named in its Form C filings

The intermediary 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
Common Stock
Price per share
$15.77
Price set by
The price of the Securities was determined solely by the management and bears no relation to traditional measures of valuation such as book value or price-to-earnings ratios. We expect that any future valuation will take the same approach.
Shares offered
635+

Offering Costs

Cash commission
—
Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000
Equity compensation
—
Up to 2,853 units to be issued, along the same terms as investors.

Campaign timeline

target amount · by first filed
2026-06-23 · $10,014
  1. 2020-11-19$10,000020-27217
  2. 2020-11-19$10,000020-27216
  3. 2021-11-10$10,012020-29144
  4. 2022-11-17$10,014020-31332
  5. 2024-04-23$10,014020-34016
  6. 2024-10-08$10,014020-34879
  7. 2026-04-17$10,014020-37008
  8. 2026-06-23$10,014020-37214

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($10,014)

Filing history

Form C family — 56 filings
FiledFormFile numberPortalWhat it statesWhat the filer said
C/A020-37214Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2027-04-30This nonmaterial amendment updates the offering page to reflect the removal of two investor perks, including MAGFAST jackets, and their related images.
C/A020-37214Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2027-04-30issuer extended the offering deadline.
C/A020-37214Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2026-08-01changed closing date
C/A020-37214Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2026-07-30the issuer has amended its investor perks program. the previous structure, which offered specific products at designated investment tiers, has been replaced with a flexible voucher system redeemable for select items on the issuer's website.
C020-37214Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2026-08-28—
C-AR020-27216Netcapital Funding Portal IncRevenue $1.1M · net income -$1.9M · 2 employees—
C-U020-37008Netcapital Funding Portal Inc$10K target, up to $4.7M · Common Stock at $15.77 · closes 2026-05-08End of offering. Issuer closed its offering with estimated gross proceeds of $444,320. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption.
C/A020-37008Netcapital Funding Portal Inc$10K target, up to $4.7M · Common Stock at $15.77 · closes 2026-05-08updated the offering page text.
C/A020-37008Netcapital Funding Portal Inc$10K target, up to $4.7M · Common Stock at $15.77 · closes 2026-05-08issuer updated offering page.
C020-37008Netcapital Funding Portal Inc$10K target, up to $4.7M · Common Stock at $15.77 · closes 2026-05-08—
C-AR020-27216Netcapital Funding Portal IncRevenue $1.4M · net income -$2.7M · 2 employees—
C-AR020-27216Netcapital Funding Portal IncRevenue $2.6M · net income -$3.6M · 2 employees—
C-U020-34879Netcapital Funding Portal Inc$10K target, up to $3.6M · Common Stock at $15.77 · closes 2025-04-30End of offering. Issuer closed its offering with estimated gross proceeds of $1,550,396. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption.
C/A020-34879Netcapital Funding Portal Inc$10K target, up to $3.6M · Common Stock at $15.77 · closes 2025-04-30issuer updated offering page.
C/A020-34879Netcapital Funding Portal Inc$10K target, up to $3.6M · Common Stock at $15.77 · closes 2024-11-29issuer extended the offering
C/A020-34879Netcapital Funding Portal Inc$10K target, up to $3.6M · Common Stock at $15.77 · closes 2024-11-29updated cover image
C020-34879Netcapital Funding Portal Inc$10K target, up to $3.6M · Common Stock at $15.77 · closes 2024-11-29—
C-U020-34016Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2024-05-17End of offering. Issuer closed its offering with estimated gross proceeds of $1,310,739. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption.
C/A020-34016Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2024-05-17offering deadline extended
C/A020-34016Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2024-05-14issuer extended the offering deadline.
C/A020-34016Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2024-04-30added videos and transcripts on cover image, in introduction, and information for investors section.
C/A020-34016Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2024-04-30issuer updated form c disclosures.
C020-34016Netcapital Funding Portal Inc$10K target, up to $4.5M · Common Stock at $15.77 · closes 2024-04-30—
C-U020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.77 · closes 2023-05-01End of offering. Issuer closed its offering with estimated gross proceeds of $1,577,189. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption.
C-AR020-27216Netcapital Funding Portal IncRevenue $1.1M · net income -$3.9M · 2 employees—
C/A020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.77 · closes 2023-05-01the issuer added two new videos and updated text, the team section, and graphics on their offering page.
C/A020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.77 · closes 2023-05-01the issuer extended the offering deadline.
C/A020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.77 · closes 2023-04-28the issuer executed a scheduled unit price change.
C/A020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.57 · closes 2023-04-28the issuer added a graphic in the intro section.
C/A020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.57 · closes 2023-04-28issuer made updates to multiple sections on the offering page.
C/A020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.57 · closes 2023-04-28the issuer announced a scheduled unit price change for february 24, 2023.
C/A020-31332Netcapital Funding Portal Inc$10K target, up to $3.3M · Common Stock at $15.57 · closes 2023-04-28the issuer extended the offering deadline.

Company Information

Legal Status
Limited Liability Company
Jurisdiction
Delaware
Date of Incorporation
2017-10-03

Latest Metrics

Most recent fiscal year, as the latest filing reports it

Employees
2
Total Assets
$3,037,249
Cash on Hand
$375,030
Revenues
$1,066,334
Net Income
-$1,875,674

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 ↗