Freedom Chat Inc

CIK: 2050865DEIncorporated: 2022-11-14

Current Offering

$75,000
Target Amount
$1,235,000
Maximum Amount
2025-05-23
Deadline

Security Details

Type: SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 75,000+

Offering Costs

Cash commission: 6%
Issuer shall pay the Intermediary the greater of: (A) a cash fee of (1) 0% on funds raised up to $100,000.00 and (2) 6% on amounts from $100,000.01 to $5M, or (B) a flat cash fee of $15K. Additionally, the Issuer shall pay a non-refundable fee of $7500.
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 2025-02-24
Raising $75,000 -$1,235,000 via 75,000+ shares of sAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2025-05-23
Filing date2025-02-24
Current employees1
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$214,716
Cash equi prior fiscal year$224,626
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$1,195,000
Long term debt prior fiscal year$602,500
Net income most recent fiscal year-$666,380.00
Net income prior fiscal year-$375,702.00
Revenue most recent fiscal year$398.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$69,493
Short term debt prior fiscal year$5,300
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$214,938
Total asset prior fiscal year$224,626

Company Information

Corporation
DE
2022-11-14

Latest Metrics

Employees1
Total Assets$214,938
Cash on Hand$214,716
Revenues$398.00
Net Income-$666,380.00

Crowdfunding Portals

This company is raising funds through this portal