FAVER, INC.

CIK: 1751606UTIncorporated: 2017-02-08

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2020-11-30
Deadline

Security Details

Type: Crowd SAFE Units (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 25,000+

Offering Costs

Cash commission: 5%
The issuer shall pay to the Intermediary at the conclusion of the Offering a fee of five percent (5%) of the amount raised in the offering.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of Securities equal to two percent (2%) of the total number of Securities sold in the Offering.

Financial Reports

Offering via FundMe

Offering History

As of 2020-08-24
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE Units (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-11-30
As of 2020-09-03
Raising $400,000 -$1,070,000 via 400,000+ shares of units of Crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-11-30
As of 2020-09-11
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-11-30
As of 2020-12-01
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-02-28
As of 2021-02-25
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-06-30
Filing date2020-08-242020-09-032020-09-112021-02-25
Current employees0000
Act received most recent fiscal year$0.00$0.00$0.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$0.00
Cash equi most recent fiscal year$193,947$193,947$193,947$193,947
Cash equi prior fiscal year$102,668$102,668$102,668$102,668
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$300,000$300,000$300,000$3,000,000
Long term debt prior fiscal year$100,000$100,000$100,000$1,000,000
Net income most recent fiscal year-$13,764.43-$13,764.00-$13,764.43-$13,764.43
Net income prior fiscal year-$12,901.44-$12,901.00-$12,901.44-$12,901.44
Revenue most recent fiscal year$0.00$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00$0.00
Short term debt most recent fiscal year$0.00$0.00$0.00$0.00
Short term debt prior fiscal year$0.00$0.00$0.00$0.00
Tax paid most recent fiscal year$1,175$1,175$1,175$1,175
Tax paid prior fiscal year$908.70$908.00$908.00$980.00
Total asset most recent fiscal year$326,908$326,908$326,908$326,908
Total asset prior fiscal year$140,672$140,672$140,672$140,672

Company Information

Corporation
UT
2017-02-08

Latest Metrics

Employees0
Total Assets$326,908
Cash on Hand$193,947
Revenues$0.00
Net Income-$13,764.43

Crowdfunding Portals

This company is raising funds through this portal