Frank App Inc.

CIK: 1861232DEIncorporated: 2020-09-16

Current Offering

$50,000
Target Amount
$1,070,000
Maximum Amount
2022-04-30
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 7%
6.5% 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 2021-05-24
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2022-04-30
Filing date2021-05-24
Current employees5
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$19,952
Cash equi prior fiscal year$8,229
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$164,803.00
Net income prior fiscal year-$7,792.00
Revenue most recent fiscal year$0.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$2,525
Short term debt prior fiscal year$3,420
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$19,952
Total asset prior fiscal year$8,229

Company Information

Corporation
DE
2020-09-16

Latest Metrics

Employees5
Total Assets$19,952
Cash on Hand$19,952
Revenues$0.00
Net Income-$164,803.00

Crowdfunding Portals

This company is raising funds through this portal