Reel Products, Inc. — Form C (Regulation Crowdfunding)

Reel Products, Inc. of Santa Monica, CA filed a Form C (Regulation Crowdfunding) with the SEC on 2023-10-10. Target raise $50K, up to $443K. Offered through Wefunder Portal LLC.

Offering

• Filed: 2023-10-10
• Form: C
• Accession: 0001670254-23-000940
• Target amount: $50K
• Maximum amount: $443K
• Security type: Other
• Securities offered: 50,000
• Price: $1.0000
• Deadline: 2024-04-29
• Funding portal / intermediary: Wefunder Portal LLC
• Intermediary file number: 007-00033
• Intermediary CRD: 283503

Issuer

• CIK: 0001994247
• Website: https://reelpaper.com/
• Legal status: Other
• Organized in: DE
• Incorporated: 2018-04-10
• Address: 730 Arizona Ave, Santa Monica, CA, 90401
• Employees: 7

Financials (as filed)

• Total assets (most recent): $2.9M
• Cash (most recent): $600K
• Revenue (most recent): $13.5M
• Revenue (prior): $7.5M
• Net income (most recent): $-8.2M
• Net income (prior): $-5.4M
• Short-term debt: $5.2M
• Long-term debt: $13.8M

People (4)

Reg CF filing history (3)

More

• CIK 1994247 on SEC EDGAR (source of record)
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