Substack Inc. — Form C (Regulation Crowdfunding)
Substack Inc. of San Francisco, CA filed a Form C (Regulation Crowdfunding) with the SEC on 2023-04-06. Target raise $50K, up to $5.0M. Offered through Wefunder Portal LLC.
Offering
- Filed: 2023-04-06
- Form: C
- Accession: 0001670254-23-000297
- Target amount: $50K
- Maximum amount: $5.0M
- Security type: Preferred Stock
- Securities offered: 1,903
- Price: $26.2871
- Deadline: 2023-04-30
- Funding portal / intermediary: Wefunder Portal LLC
- Intermediary file number: 007-00033
- Intermediary CRD: 283503
Issuer
- CIK: 0001783191
- Website: https://substack.com/
- Legal status: Corporation
- Organized in: DE
- Incorporated: 2017-11-28
- Address: 111 Sutter St 7th Floor, San Francisco, CA, 94104
- Employees: 76
Financials (as filed)
- Total assets (most recent): $62.7M
- Cash (most recent): $55.4M
- Revenue (most recent): $-5.2M
- Revenue (prior): $1.5M
- Net income (most recent): $-22.9M
- Net income (prior): $-2.3M
- Short-term debt: $6.6M
People (2)
| Name | Role | Location |
|---|
| Hamish McKenzie | Chief Writing Officer | San Francisco, CA |
| Chris Best | Co-founder and CEO | San Francisco, CA |
Reg CF filing history (2)
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