Sugarfina Corp

CIK: 1824123DEIncorporated: 2020-09-26

Current Offering

$25,000
Target Amount
$5,000,000
Maximum Amount
2022-04-30
Deadline

Security Details

Type: Common Stock
Price per share: $10.00
Shares offered: 2,500+

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay a cash fee comprised of: (i) 6% of any amounts up to $2,000,000; 4% of any amounts raised between $2,000,000.01 - $4,000,000; and 3% of any amounts raised between $4,000,000.01 - $5,000,000.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to: (i) 2% of the securities sold for any amounts raised between $0.00- $2M; 1% for any amounts raised $2,000,000.01 - $4M; 0.5% for any amounts raised $4,000,000.01 - $5M.

Financial Reports

Offering via Republic

Offering History

As of 2021-06-11
Raising $25,000 -$5,000,000 via 2,500+ shares of common Stock at $10.00 per share
Deadline: 2022-04-30
As of 2023-01-20
Raising $25,000 -$5,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-04-30
Filing date2021-06-112023-01-20
Current employees120182
Act received most recent fiscal year$1,111,239$1,854,571
Act received prior fiscal year$2,877,114$1,111,239
Cash equi most recent fiscal year$2,194,883$2,369,342
Cash equi prior fiscal year$3,071,217$2,194,883
Cost goods sold most recent fiscal year$13,184,826$15,363,495
Cost goods sold prior fiscal year$9,336,649$13,184,826
Long term debt most recent fiscal year$10,402,819$12,650,406
Long term debt prior fiscal year$15,485,435$10,402,819
Net income most recent fiscal year-$4,694,881.00-$3,882,610.00
Net income prior fiscal year-$7,598,758.00-$4,694,881.00
Revenue most recent fiscal year$24,992,247$30,607,926
Revenue prior fiscal year$8,307,738$24,992,247
Short term debt most recent fiscal year$3,345,546$2,675,901
Short term debt prior fiscal year$4,784,720$3,345,546
Tax paid most recent fiscal year$5,463$26,159
Tax paid prior fiscal year$0.00$5,463
Total asset most recent fiscal year$10,964,800$10,846,163
Total asset prior fiscal year$14,216,397$10,964,800

Financial Reports

Offering via Republic

Offering History

As of 2021-06-11
Raising $25,000 -$5,000,000 via 2,500+ shares of common Stock at $10.00 per share
Deadline: 2022-04-30
As of 2023-01-20
Raising $25,000 -$5,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-04-30
Filing date2021-06-112023-01-20
Current employees120182
Act received most recent fiscal year$1,111,239$1,854,571
Act received prior fiscal year$2,877,114$1,111,239
Cash equi most recent fiscal year$2,194,883$2,369,342
Cash equi prior fiscal year$3,071,217$2,194,883
Cost goods sold most recent fiscal year$13,184,826$15,363,495
Cost goods sold prior fiscal year$9,336,649$13,184,826
Long term debt most recent fiscal year$10,402,819$12,650,406
Long term debt prior fiscal year$15,485,435$10,402,819
Net income most recent fiscal year-$4,694,881.00-$3,882,610.00
Net income prior fiscal year-$7,598,758.00-$4,694,881.00
Revenue most recent fiscal year$24,992,247$30,607,926
Revenue prior fiscal year$8,307,738$24,992,247
Short term debt most recent fiscal year$3,345,546$2,675,901
Short term debt prior fiscal year$4,784,720$3,345,546
Tax paid most recent fiscal year$5,463$26,159
Tax paid prior fiscal year$0.00$5,463
Total asset most recent fiscal year$10,964,800$10,846,163
Total asset prior fiscal year$14,216,397$10,964,800

Company Information

Corporation
DE
2020-09-26

Latest Metrics

Employees120
Total Assets$10,964,800
Cash on Hand$2,194,883
Revenues$24,992,247
Net Income-$4,694,881.00

Crowdfunding Portals

This company is raising funds through this portal