Axle Workout Inc.

CIK: 1857848DEIncorporated: 2016-11-21

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2022-03-28
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 2021-11-30
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2022-03-28
As of 2022-02-14
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2022-04-30
Filing date2021-11-30
Current employees0
Act received most recent fiscal year$6,310
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$41,409
Cash equi prior fiscal year$21,343
Cost goods sold most recent fiscal year$355,530
Cost goods sold prior fiscal year$117,797
Long term debt most recent fiscal year$515,259
Long term debt prior fiscal year$157,567
Net income most recent fiscal year-$110,724.00
Net income prior fiscal year-$37,309.00
Revenue most recent fiscal year$680,196
Revenue prior fiscal year$262,723
Short term debt most recent fiscal year$112,876
Short term debt prior fiscal year$79,218
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$569,863
Total asset prior fiscal year$289,237

Company Information

Corporation
DE
2016-11-21

Latest Metrics

Employees0
Total Assets$569,863
Cash on Hand$41,409
Revenues$680,196
Net Income-$110,724.00

Crowdfunding Portals

This company is raising funds through this portal