Vela Motor Company LLC

CIK: 1722205UTIncorporated: 2016-11-14

Current Offering

$100,000
Target Amount
$1,070,000
Maximum Amount
2018-08-10
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 100,000+

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 2018-02-12
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-08-10
Filing date2018-02-12
Current employees2
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$87.00
Cash equi prior fiscal year$14,475
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$15,343.00
Net income prior fiscal year-$16,205.00
Revenue most recent fiscal year$0.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$0.00
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$87.00
Total asset prior fiscal year$14,475

Company Information

Limited Liability Company
UT
2016-11-14

Latest Metrics

Employees2
Total Assets$87.00
Cash on Hand$87.00
Revenues$0.00
Net Income-$15,343.00

Crowdfunding Portals

This company is raising funds through this portal