Snowball Finance, Inc.

CIK: 1808830DEIncorporated: 2018-05-25

Current Offering

$25,000
Target Amount
$600,000
Maximum Amount
2020-11-06
Deadline

Security Details

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

Offering Costs

Cash commission: 6%
6% of the amount raised in the Offering.
Equity compensation: 2%
The Intermediary will receive a Security-compensation equal to 2% of the total number of Securities sold in the Offering.

Financial Reports

Offering via Republic

Offering History

As of 2020-05-07
Raising $25,000 -$600,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-11-06
As of 2020-05-08
Raising $25,000 -$600,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-07-23
As of 2020-05-12
Raising $25,000 -$600,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity). at $1.00 per share
Deadline: 2020-07-23
Filing date2020-05-07
Current employees1
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$69,404
Cash equi prior fiscal year$86,640
Cost goods sold most recent fiscal year$658,439
Cost goods sold prior fiscal year$324,403
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$670,439.00
Net income prior fiscal year-$324,403.00
Revenue most recent fiscal year$0.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$105,831
Short term debt prior fiscal year$10,759
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$101,275
Total asset prior fiscal year$116,640

Company Information

Corporation
DE
2018-05-25

Latest Metrics

Employees1
Total Assets$101,275
Cash on Hand$69,404
Revenues$0.00
Net Income-$670,439.00

Crowdfunding Portals

This company is raising funds through this portal