BALLOONR, INC.

BALLOONR, INC. logo via Clearbit

Profile

According to their SEC filings, BALLOONR, INC. is a Corporation organized in DE on 06-03-2015. They report having 3 employee(s), and revenue in their most-recent fiscal year of $52,116.00 and $39,330.00 the prior year.

Location

268 BUSH ST. #3936

SAN FRANCISCO, CA 94104

Equity Crowdfunding Campaigns

Reg CF Offering from BALLOONR, INC. (Previous)

Campaign Details

According to their SEC filings, BALLOONR, INC. previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,070,000.00) in Crowd Safe (Simple Agreement for Future Equity) Units via Republic before a deadline of 01-22-2019.

As compensation for managing the offering, Republic reported being compensated as follows:

The issuer shall pay to the intermediary at the conclusion of the offering a fee consisting of six percent (6.0%) commission based on the amount of investments raised in the offering and paid upon disbursement of funds from escrow at the time of closing.

In addition to any direct compensation, BALLOONR, INC. reported that Republic would also receive the following financial interest in the offering:

The intermediary will receive a number of Crowd SAFE Units of the issuer that is equal to two percent (2.0%) of the total number of Crowd SAFE Units sold by the issuer in the Offering.

BALLOONR, INC. filed the following progress report with the SEC at the end of their campaign:

The Offering successfully closed on January 23rd, 2019, having raised a cumulative $186,846 since the initial Form C filing, a final accounting has not taken place.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $52,116.00 $39,330.00
Cost of Goods Sold $19,599.00 $43,884.00
Taxes Paid $-1,200.00 $-1,239.00
Net Income $-311,752.00 $-361,228.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $20,051.00 $32,210.00
Accounts Receivable $0.00 $0.00
Short-term Debt $96,059.00 $42,978.00
Long-term Debt $289,603.00 $281,303.00

Complete Reg CF filings list for BALLOONR, INC.

  • [2019-01-24T10:48:51+00:00] BALLOONR, INC. filed a fundraising progress report (Form C-U) with the following update: "The Offering successfully closed on January 23rd, 2019, having raised a cumulative $186,846 since the initial Form C filing, a final accounting has not taken place."

    File number: 020-24386

  • [2019-01-18T21:19:29+00:00] BALLOONR, INC. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Republic. The nature of the amendment was described as follows:

    The Form C cover page is amended to strike any reference to Canada its provinces in "The jurisdictions in which the issuer intends to offer the Securities:" At the time of the filing, the Company has not accepted and closed upon any Canadian investments.

    File number: 020-24386

  • [2019-01-14T16:17:42+00:00] BALLOONR, INC. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Republic. The nature of the amendment was described as follows:

    The offering, having met or exceeded the target offering amount, will be closed early pursuant to Rule 304, with investment commitments accepted until January 22, 2019 at midnight PST, investments will be accepted during the final 48 hours.

    File number: 020-24386

  • [2018-10-22T13:03:48+00:00] BALLOONR, INC. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Republic. The nature of the amendment was described as follows:

    The offering is hereby extended to February 28, 2019.

    File number: 020-24386

  • [2018-07-03T16:03:47+00:00] Balloonr, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Republic. The nature of the amendment was described as follows:

    Form C Capitalization and Ownership description, Loans description, and Financials (exhibited) were updated to reflect amendments to the Company's outstanding convertible notes and a certain loan and warrant agreement.

    File number: 020-24386

  • New Filing Form C

    [2018-06-18T21:54:56+00:00] Balloonr, Inc. filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,070,000.00) of Crowd Safe (Simple Agreement for Future Equity) Units via Republic.

    File number: 020-24386