Lipa Later Group Inc.

CIK: 1986191DEIncorporated: 2022-03-29

Current Offering

$50,000
Target Amount
$1,235,000
Maximum Amount
2023-10-28
Deadline

Security Details

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

Offering Costs

Cash commission: 7%
At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of (A) a fee of seven percent (7%) of the dollar amount raised in the Offering or (B) a cash fee of twelve thousand dollars ($12,000.00).
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 2023-08-29
Raising $50,000 -$1,235,000 via 50,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-10-28
Filing date2023-08-29
Current employees150
Act received most recent fiscal year$6,385,044
Act received prior fiscal year$1,741,781
Cash equi most recent fiscal year$145,065
Cash equi prior fiscal year$317,746
Cost goods sold most recent fiscal year$169,309
Cost goods sold prior fiscal year$69,569
Long term debt most recent fiscal year$6,181,100
Long term debt prior fiscal year$975,000
Net income most recent fiscal year-$1,183,592.00
Net income prior fiscal year-$204,333.00
Revenue most recent fiscal year$3,509,210
Revenue prior fiscal year$988,389
Short term debt most recent fiscal year$5,120,163
Short term debt prior fiscal year$1,956,437
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$12,601,438
Total asset prior fiscal year$4,195,493

Company Information

Corporation
DE
2022-03-29

Latest Metrics

Employees150
Total Assets$12,601,438
Cash on Hand$145,065
Revenues$3,509,210
Net Income-$1,183,592.00

Crowdfunding Portals

This company is raising funds through this portal