Crowdfunding

NPTA Spirits

Deadline passed 2018-01-22

Corporation · California · Incorporated 2014-04-28

CIK 1722152
File 020-23845
State CA

Target Amount: $25,000; minimum to close
Maximum Amount: $107,000; ceiling, with over-subscription
Deadline: 2018-01-22; as the latest Form C set it

Connected

named in its Form C filings

Funding portalFirst Democracy VC Filing · 2020-05-13Form C 020-23845 Financials · dashboardReported figures by fiscal year

NPTA SpiritsCIK 1722152

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: Preferred Stock
Price per share: $0.12
Shares offered: 156,250+

Offering Costs

Cash commission: 7%
Equity compensation: —; The intermediary will receive a number of shares of Preferred Stock that is equal to 2% of the total number of shares of Preferred Stock sold in this offering.

Campaign timeline

target amount · by first filed

2017-12-08 · $25,000

2017-12-08$25,000020-23845

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($25,000)

Filing history

Form C family — 6 filings

Filed	Form	File number	Portal	What it states	What the filer said
2020-05-13	C-AR	020-23845	First Democracy VC	Revenue $17.7K · net income -$16.9K · 0 employees	—
2019-09-23	C-AR	020-23845	First Democracy VC	Revenue $24.8K · net income -$31.1K · 0 employees	—
2018-06-12	C-AR	020-23845	First Democracy VC	Revenue $55K · net income -$9.7K · 0 employees	—
2018-05-30	C-U	020-23845	First Democracy VC	$25K target, up to $107K · Preferred Stock at $0.12 · closes 2018-01-22	$89,579.72 in investments. Payments are still being processed; final number is yet to be determined.
2017-12-22	C/A	020-23845	First Democracy VC	$25K target, up to $107K · Preferred Stock at $0.12 · closes 2018-01-22	The Form C has been amended to reflect a change in the Convertible Securities description within the Capitalization and Ownership section of the Form C, to disclose further amendments made to the convertible securities agreements on December 9, 2017.
2017-12-08	C	020-23845	First Democracy VC	$25K target, up to $107K · Preferred Stock at $0.12 · closes 2018-01-22	—

Latest Metrics

Most recent fiscal year, as the latest filing reports it

Employees: 0
Total Assets: -$15,087
Cash on Hand: $4,279
Revenues: $17,709
Net Income: -$16,851

The reported figures behind NPTA Spirits

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 ↗