Brite Inc

CIK: 1947147DEIncorporated: 2020-11-12

Current Offering

$25,000
Target Amount
$1,235,000
Maximum Amount
2023-01-31
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 2022-11-09
Raising $25,000 -$1,235,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-01-31
Filing date2022-11-09
Current employees3
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$286,684
Cash equi prior fiscal year$9,985
Cost goods sold most recent fiscal year$202,675
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$351,207
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$240,570.00
Net income prior fiscal year-$22.00
Revenue most recent fiscal year$175,547
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$15,996
Short term debt prior fiscal year$7.00
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$286,684
Total asset prior fiscal year$9,985

Company Information

Corporation
DE
2020-11-12

Latest Metrics

Employees3
Total Assets$286,684
Cash on Hand$286,684
Revenues$175,547
Net Income-$240,570.00

Crowdfunding Portals

This company is raising funds through this portal