ADWALLET INC.

CIK: 1815995DEIncorporated: 2020-06-11

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2021-07-17
Deadline

Security Details

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

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the offering.

Financial Reports

Offering via Republic

Offering History

As of 2021-03-18
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-07-17
As of 2021-06-25
Raising $25,000 -$1,070,000 via 25,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2021-07-17
As of 2021-09-02
Raising $10,000 -$385,000 via 13,333+ shares of common Stock at $0.75 per share
Deadline: 2022-03-01
As of 2021-12-01
Raising $10,000 -$385,000 via 13,333+ shares of common Stock at $0.75 per share
Deadline: 2021-12-30
Filing date2021-03-182021-09-02
Current employees54
Act received most recent fiscal year$62,644$62,644
Act received prior fiscal year$17,991$17,991
Cash equi most recent fiscal year$494,690$494,690
Cash equi prior fiscal year$812,605$812,605
Cost goods sold most recent fiscal year$574,995$574,995
Cost goods sold prior fiscal year$211,199$211,199
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$2,531,221.00-$2,531,221.00
Net income prior fiscal year-$1,696,278.00-$1,696,278.00
Revenue most recent fiscal year$432,911$432,911
Revenue prior fiscal year$187,901$187,901
Short term debt most recent fiscal year$674,603$0.00
Short term debt prior fiscal year$227,401$73,735
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$625,004$625,004
Total asset prior fiscal year$922,463$922,463

Financial Reports

Offering History

As of 2021-03-18
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-07-17
As of 2021-06-25
Raising $25,000 -$1,070,000 via 25,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2021-07-17
As of 2021-09-02
Raising $10,000 -$385,000 via 13,333+ shares of common Stock at $0.75 per share
Deadline: 2022-03-01
As of 2021-12-01
Raising $10,000 -$385,000 via 13,333+ shares of common Stock at $0.75 per share
Deadline: 2021-12-30
Filing date2021-03-182021-09-02
Current employees54
Act received most recent fiscal year$62,644$62,644
Act received prior fiscal year$17,991$17,991
Cash equi most recent fiscal year$494,690$494,690
Cash equi prior fiscal year$812,605$812,605
Cost goods sold most recent fiscal year$574,995$574,995
Cost goods sold prior fiscal year$211,199$211,199
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$2,531,221.00-$2,531,221.00
Net income prior fiscal year-$1,696,278.00-$1,696,278.00
Revenue most recent fiscal year$432,911$432,911
Revenue prior fiscal year$187,901$187,901
Short term debt most recent fiscal year$674,603$0.00
Short term debt prior fiscal year$227,401$73,735
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$625,004$625,004
Total asset prior fiscal year$922,463$922,463

Company Information

Corporation
DE
2020-06-11

Latest Metrics

Employees5
Total Assets$625,004
Cash on Hand$494,690
Revenues$432,911
Net Income-$2,531,221.00

Crowdfunding Portals

This company is raising funds through this portal