Growmotely, Inc.

CIK: 1920911DEIncorporated: 2020-08-17

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2022-09-25
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 2022-06-14
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2022-09-25
Filing date2022-06-14
Current employees0
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$260,047
Cash equi prior fiscal year$147,631
Cost goods sold most recent fiscal year$295,892
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$17,021
Long term debt prior fiscal year$37,358
Net income most recent fiscal year-$361,020.00
Net income prior fiscal year-$74,946.00
Revenue most recent fiscal year$332,138
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$227,710
Short term debt prior fiscal year$3,928
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$1,074,279
Total asset prior fiscal year$186,450

Company Information

Corporation
DE
2020-08-17

Latest Metrics

Employees0
Total Assets$1,074,279
Cash on Hand$260,047
Revenues$332,138
Net Income-$361,020.00

Crowdfunding Portals

This company is raising funds through this portal