Life Magnetics, Inc. — Form C (Regulation Crowdfunding)
Life Magnetics, Inc. of Plymouth, MI filed a Form C (Regulation Crowdfunding) with the SEC on 2023-10-16. Target raise $50K, up to $618K. Offered through Wefunder Portal LLC.
Offering
- Filed: 2023-10-16
- Form: C
- Accession: 0001670254-23-000963
- Target amount: $50K
- Maximum amount: $618K
- Security type: Preferred Stock
- Securities offered: 770
- Price: $64.9500
- Deadline: 2024-04-29
- Funding portal / intermediary: Wefunder Portal LLC
- Intermediary file number: 007-00033
- Intermediary CRD: 283503
Issuer
- CIK: 0001848586
- Website: http://magnetics.life
- Legal status: Corporation
- Organized in: MI
- Incorporated: 2013-10-10
- Address: 46701 Commerce Center Dr, Plymouth, MI, 48170
- Employees: 3
Financials (as filed)
- Total assets (most recent): $320K
- Cash (most recent): $194K
- Revenue (most recent): $44K
- Revenue (prior): $33K
- Net income (most recent): $-287K
- Net income (prior): $-233K
- Short-term debt: $174K
- Long-term debt: $20K
People (11)
| Name | Role | Location |
|---|
| Charles Bisgaier | Director | Livonia, MI |
| Kevin Hagedorn | CEO & Founder | Ann Arbor, MI |
| Kevin Hagedorn | President | Ann Arbor, MI |
| Charles L. Bisgaier | Director | Ann Arbor, MI |
| Ken Kousky | Board Member | Ann Arbor, MI |
| Rishabh Kala | Board Member | Ann Arbor, MI |
| Rishabh Kala | Dr. | Ann Arbor, MI |
| Ted A. Morgan | Director/Secretary | Ann Arbor, MI |
| Ted A. Morgan | Secretary | Ann Arbor, MI |
| John Stinson | Director | Ann Arbor, MI |
| Rick Goedert | Treasurer | Ann Arbor, MI |
Reg CF filing history (4)
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