Company Offering
Investment Security Details
Submission
Offering Statement
Nature of Ammendment
Increased max to $5M, increased share price for investors after $1.3M raised, added 2020 audited financials, and extended campaign deadline
Price of Security
$3.90
# Securities
16,836
Capital Type
Common Stock
Max Offering
$1,070,000.00
Price Detail
Dividing pre-money valuation of $11,115,000 (or $8,464,500 for investors in the first $1,300,001.67) by number of shares outstanding on fully diluted basis (as of the initial Form C filing for Reg CF in December 2020)
Investing Platform Detail
Platform Comp
6.5% 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.
Financial Interest
No
Offering Company Details
Executive Signatory
Tom Bancroft
Title
CEO
Website
http://www.pencilish.com
Employee Count at Offering
1
SEC CIK
1835666
FILE NUMBER
020-27339
Comments