Crowdfunding

Freerolls Entertainment, Inc.

Deadline passed 2020-02-21

Corporation · Utah · Incorporated 2017-09-18

  • CIK 1719648
  • File 020-25742
  • State UT
Target Amount
$50,000
minimum to close
Maximum Amount
$999,998
ceiling, with over-subscription
Deadline
2020-02-21
as the latest Form C set it

Connected

named in its Form C filings

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
$2.38
Price set by
Dividing pre-money valuation ($11,704,500 for investors in the first $99,999 and $12,380,760 for the remaining $899,999.38) by number of shares outstanding on fully diluted basis.
Shares offered
22,222+

Offering Costs

Cash commission
—
6.5% 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
—
No

Campaign timeline

target amount · by first filed
2019-10-15 · $50,000
  1. 2017-10-16$10,000020-23672
  2. 2019-10-15$50,000020-25742

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

Filing history

Form C family — 5 filings
FiledFormFile numberPortalWhat it statesWhat the filer said
C020-25742Wefunder$50K target, up to $1M · Preferred Stock at $2.38 · closes 2020-02-21—
C-U020-23672GrowthFountain Capital LLC$10K target, up to $800K · Common Stock at $2.00 · closes 2018-08-01Issuer successfully raised $11,966, issuing 5,983 shares to 34 investors.
C/A020-23672GrowthFountain Capital LLC$10K target, up to $800K · Common Stock at $2.00 · closes 2018-08-01Accidently entered "$100 per share" when the actual price per share is $2
C/A020-23672GrowthFountain Capital LLC$10K target, up to $800K · Common Stock at $100.00 · closes 2018-08-01The company is changing the expiration date of its offering to August 1, 2018. In addition, the company has issued additional non-voting common stock warrants. There are still 891,898 units authorized (as before) but now 103,500 are outstanding.
C020-23672GrowthFountain Capital LLC$10K target, up to $800K · Common Stock at $100.00 · closes 2018-02-13—

Company Information

Legal Status
Corporation
Jurisdiction
Utah
Date of Incorporation
2017-09-18

Latest Metrics

Most recent fiscal year, as the latest filing reports it

Employees
41
Total Assets
$641,560
Cash on Hand
$4,569
Revenues
$65,185
Net Income
-$659,161

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 ↗