CircleIt Inc.

CIK: 1875270DEIncorporated: 2018-10-05

Current Offering

$50,000
Target Amount
$5,000,000
Maximum Amount
2023-04-30
Deadline

Security Details

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

Offering Costs

Cash commission: 8%
7.5% 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 2022-12-21
Raising $50,000 -$5,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2023-04-30
Filing date2022-12-21
Current employees31
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$1,782,530
Cash equi prior fiscal year$40,879
Cost goods sold most recent fiscal year$782,182
Cost goods sold prior fiscal year-$17,500.00
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$2,472,779.00
Net income prior fiscal year-$451,807.00
Revenue most recent fiscal year$0.00
Revenue prior fiscal year$41,082
Short term debt most recent fiscal year$349,898
Short term debt prior fiscal year$350,423
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$435,461
Total asset prior fiscal year$918,283

Company Information

Corporation
DE
2018-10-05

Latest Metrics

Employees31
Total Assets$435,461
Cash on Hand$1,782,530
Revenues$0.00
Net Income-$2,472,779.00

Crowdfunding Portals

This company is raising funds through this portal