Kutt, Inc.

CIK: 2008640DEIncorporated: 2019-01-14

Current Offering

$50,000
Target Amount
$1,000,000
Maximum Amount
2025-03-09
Deadline

Security Details

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

Offering Costs

Cash commission: 4%
At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of: (A) a fee consisting of (1) 0% of amounts raised up to $100,000.00 and (2) 4% of amounts raised between $100,000.01 and $5,000,000.00, or (B) a cash fee of $15,000.00.
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 2024-12-10
Raising $50,000 -$1,000,000 via 50,000+ shares of sAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2025-03-09
Filing date2024-12-10
Current employees2
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$81,995
Cash equi prior fiscal year$23,961
Cost goods sold most recent fiscal year$255,859
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$451,002
Long term debt prior fiscal year$224,159
Net income most recent fiscal year-$376,148.00
Net income prior fiscal year-$187,900.00
Revenue most recent fiscal year$187,329
Revenue prior fiscal year$505.00
Short term debt most recent fiscal year$407,968
Short term debt prior fiscal year$50,000
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$294,922
Total asset prior fiscal year$86,258

Company Information

Corporation
DE
2019-01-14

Latest Metrics

Employees2
Total Assets$294,922
Cash on Hand$81,995
Revenues$187,329
Net Income-$376,148.00

Crowdfunding Portals

This company is raising funds through this portal