Substack Inc.

CIK: 1783191DEIncorporated: 2017-11-28

Current Offering

$50,000
Target Amount
$5,000,000
Maximum Amount
2023-04-30
Deadline

Security Details

Type: Preferred Stock
Price per share: $26.29
Shares offered: 1,903+

Offering Costs

Cash commission: 4%
3.75% 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 2023-04-06
Raising $50,000 -$5,000,000 via 1,903+ shares of preferred Stock at $26.29 per share
Deadline: 2023-04-30
As of 2023-05-18
Raising $50,000 -$5,000,000 via 1,903+ shares of preferred Stock at $26.29 per share
Deadline: 2023-04-28
Filing date2023-04-06
Current employees76
Act received most recent fiscal year-$54,165.00
Act received prior fiscal year-$2,136.00
Cash equi most recent fiscal year$55,386,969
Cash equi prior fiscal year$15,279,360
Cost goods sold most recent fiscal year$1,399,728
Cost goods sold prior fiscal year$414,868
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$22,876,537.00
Net income prior fiscal year-$2,320,785.00
Revenue most recent fiscal year-$5,167,975.00
Revenue prior fiscal year$1,454,052
Short term debt most recent fiscal year$6,635,026
Short term debt prior fiscal year$2,695,391
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$62,667,814
Total asset prior fiscal year$16,467,233

Company Information

Corporation
DE
2017-11-28

Latest Metrics

Employees76
Total Assets$62,667,814
Cash on Hand$55,386,969
Revenues-$5,167,975.00
Net Income-$22,876,537.00

Crowdfunding Portals

This company is raising funds through this portal