Adaptogens, a Public Benefit Corp

CIK: 1875718•DE•Incorporated: 2021-07-15

Latest Reported Offering

$100,001
Target Amount
$4,999,997
Maximum Amount
2022-04-30
Deadline

Security Details

Type: Preferred Stock
Price per share: $4.49
Price set by: Dividing pre-money valuation $25,043,266.80 (or $15,016,481.15 for investors in the first $999,999.43) by number of shares outstanding on fully diluted basis.
Shares offered: 37,175+

Offering Costs

Cash commission: —
<p>6.5% of gross monies raised in the offering on any investment less than $25,000; the Portal will receive no commissions on individual investments greater than $25,000 if the Company provides Wefunder advanced notice of such individual investments.</p>
Equity compensation: —
No

Filing history

Form C family — 5 filings
FiledFormFile numberPortalWhat it statesWhat the filer said
2024-05-16C-TR020-28500Wefunder——
2023-05-03C-AR020-28500WefunderRevenue $5.4M · net income -$1.6M · 10 employees—
2022-02-28C/A020-28500Wefunder$100K target, up to $5M · Preferred Stock at $4.49 · closes 2022-04-30Adding information for principal security holders.
2021-08-20C/A020-28500Wefunder$100K target, up to $5M · Common Stock at $4.49 · closes 2022-04-30Adding lead investor and switching from common to preferred stock.
2021-08-02C020-28500Wefunder$100K target, up to $5M · Common Stock at $4.49 · closes 2022-04-30—
Embarc dashboard

Form C prints a most-recent and a prior fiscal year side by side but never names them. The dashboard chains every filing into those years and plots them. EDGAR still has each Form C-AR; the dashboard lays every year they filed next to it.

  • Reported financials chained into fiscal years — revenue, income, assets, cash — not one filing at a time
  • A sparkline on each figure so the shape is visible before the numbers
  • A revenue series dated to the filings that reported it
  • The campaign as filed: target, ceiling, deadline, and the portal that ran it
  • Follow it, and see it change on your watchlist
Open in the dashboard

Company Information

Legal Status
Corporation
Jurisdiction
DE
Date of Incorporation
2021-07-15

Latest Metrics

Employees10
Total Assets$3,431,983
Cash on Hand$953,385
Revenues$5,445,225
Net Income-$1,627,295

Crowdfunding Portals

The intermediary named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.