Otherweb, Inc

CIK: 1966157DEIncorporated: 2021-09-12

Current Offering

$50,000
Target Amount
$750,000
Maximum Amount
2024-04-29
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 2023-02-21
Raising $50,000 -$750,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
As of 2023-08-09
Raising $50,000 -$990,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
As of 2023-08-28
Raising $10,300 -$3,999,490 via 12,500+ shares of preferred Stock at $0.80 per share
Deadline: 2024-08-09
As of 2023-11-27
Raising $10,300 -$3,999,490 via 12,500+ shares of preferred Stock at $0.80 per share
Deadline: 2024-08-09
Filing date2023-02-21
Current employees2
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$21,294
Cash equi prior fiscal year$44,213
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$150,808
Long term debt prior fiscal year$50,266
Net income most recent fiscal year-$158,930.00
Net income prior fiscal year-$6,093.00
Revenue most recent fiscal year$113.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$35,424
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$650.00
Tax paid prior fiscal year$750.00
Total asset most recent fiscal year$21,294
Total asset prior fiscal year$44,213

Financial Reports

Offering History

As of 2023-02-21
Raising $50,000 -$750,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
As of 2023-08-09
Raising $50,000 -$990,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
As of 2023-08-28
Raising $10,300 -$3,999,490 via 12,500+ shares of preferred Stock at $0.80 per share
Deadline: 2024-08-09
As of 2023-11-27
Raising $10,300 -$3,999,490 via 12,500+ shares of preferred Stock at $0.80 per share
Deadline: 2024-08-09
Filing date2023-02-21
Current employees2
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$21,294
Cash equi prior fiscal year$44,213
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$150,808
Long term debt prior fiscal year$50,266
Net income most recent fiscal year-$158,930.00
Net income prior fiscal year-$6,093.00
Revenue most recent fiscal year$113.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$35,424
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$650.00
Tax paid prior fiscal year$750.00
Total asset most recent fiscal year$21,294
Total asset prior fiscal year$44,213

Company Information

Other
DE
2021-09-12

Latest Metrics

Employees2
Total Assets$21,294
Cash on Hand$21,294
Revenues$113.00
Net Income-$158,930.00

Crowdfunding Portals

This company is raising funds through this portal