Spinn, Inc.

CIK: 1735165DEIncorporated: 2015-03-11

Current Offering

$50,000
Target Amount
$1,235,000
Maximum Amount
2024-04-29
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 6%
6.0% 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 2023-06-07
Raising $50,000 -$1,235,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
Filing date2023-06-07
Current employees40
Act received most recent fiscal year$121,281
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$3,515,008
Cash equi prior fiscal year$2,464,488
Cost goods sold most recent fiscal year$7,338,177
Cost goods sold prior fiscal year$5,389,008
Long term debt most recent fiscal year$5,961,071
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$8,948,990.00
Net income prior fiscal year-$12,272,796.00
Revenue most recent fiscal year$9,375,178
Revenue prior fiscal year$4,101,403
Short term debt most recent fiscal year$9,641,175
Short term debt prior fiscal year$8,023,859
Tax paid most recent fiscal year$21,381
Tax paid prior fiscal year-$24,894.00
Total asset most recent fiscal year$10,836,538
Total asset prior fiscal year$12,452,787

Company Information

Corporation
DE
2015-03-11

Latest Metrics

Employees40
Total Assets$10,836,538
Cash on Hand$3,515,008
Revenues$9,375,178
Net Income-$8,948,990.00

Crowdfunding Portals

This company is raising funds through this portal