Magnabid

Magnabid logo via Clearbit

Profile

According to their SEC filings, Magnabid is a Corporation organized in DE on 11-19-2015. They report having 4 employee(s), and revenue in their most-recent fiscal year of $0.00 and $0.00 the prior year.

LinkedIn: magnabid

Location

9735 WILSHIRE BLVD,

UNIT 123

BEVERLY HILLS, CA 90212

Equity Crowdfunding Campaigns

Reg CF Offering from Magnabid (Previous)

Campaign Details

According to their SEC filings, Magnabid previously ran a Regulation Crowdfunding campaign to raise $9,999.85 (up to a maximum of $350,558.95) in Class A Non Voting Stock via StartEngine before a deadline of 09-08-2018.

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

6 percent

In addition to any direct compensation, Magnabid reported that StartEngine would also receive the following financial interest in the offering:

N/A

Magnabid filed the following progress report with the SEC at the end of their campaign:

At the close of the offering, the issuer closed on $18,807.95, and 57,407 number of securities.

Reg CF Offering from Magnabid (Previous)

Campaign Details

According to their SEC filings, Magnabid previously ran a Regulation Crowdfunding campaign to raise $9,999.85 (up to a maximum of $378,607.25) in Common Stock via StartEngine before a deadline of 06-08-2018.

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

6 percent

In addition to any direct compensation, Magnabid reported that StartEngine would also receive the following financial interest in the offering:

N/A

Magnabid filed the following progress report with the SEC at the end of their campaign:

At the close of the offering, the amount closed on is $28,049.35 and 80,141 number of securities sold, final amount subject to change pending final receipt of committed investments.

Reg CF Offering from Magnabid (Previous)

Campaign Details

According to their SEC filings, Magnabid previously ran a Regulation Crowdfunding campaign to raise $9,999.85 (up to a maximum of $999,999.70) in Common Stock via StartEngine before a deadline of 08-23-2017.

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

5 percent

In addition to any direct compensation, Magnabid reported that StartEngine would also receive the following financial interest in the offering:

N/A

Magnabid filed the following progress report with the SEC at the end of their campaign:

At the close of the offering issuer had sold 346836 shares for $121,392.60.

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 $0.00 $0.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-11,207.00 $-2,810.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $104.00 $395.00
Accounts Receivable $0.00 $0.00
Short-term Debt $24,206.00 $6,875.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Magnabid

  • [2018-09-14T15:34:22+00:00] Magnabid filed a fundraising progress report (Form C-U) with the following update: "At the close of the offering issuer had sold 346836 shares for $121,392.60."

    File number: 020-24367

  • New Filing Form C

    [2018-06-13T17:07:18+00:00] Magnabid filed a Form C to raise a target amount of $9,999.85 (up to a maximum of $350,558.95) of Class A Non Voting Stock via StartEngine.

    File number: 020-24367

  • [2018-06-12T20:50:18+00:00] Magnabid filed a fundraising progress report (Form C-U) with the following update: "At the close of the offering issuer had sold 346836 shares for $121,392.60."

    File number: 020-23264

  • [2018-06-12T20:11:07+00:00] Magnabid filed a fundraising progress report (Form C-U) with the following update: "At the close of the offering issuer had sold 346836 shares for $121,392.60."

    File number: 020-24072

  • [2018-04-30T15:11:32+00:00] Magnabid filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.85 via StartEngine. The nature of the amendment was described as follows:

    Company is updating 2017 financials.

    File number: 020-24072

  • New Filing Form C

    [2018-03-09T19:31:14+00:00] Magnabid filed a Form C to raise a target amount of $9,999.85 (up to a maximum of $378,607.25) of Class A Non Voting Stock via StartEngine.

    File number: 020-24072

  • [2017-08-30T12:30:06+00:00] Magnabid filed a fundraising progress report (Form C-U) with the following update: "At the close of the offering issuer had sold 346836 shares for $121,392.60."

    File number: 020-23264

  • [2017-08-14T21:20:35+00:00] Magnabid filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.85 via StartEngine. The nature of the amendment was described as follows:

    Extending the campaign end date and increasing maximum funding goal to $1,069,999.70. Updated Financial Review attached as Exhibit B to Form C.

    File number: 020-23264

  • [2017-06-30T19:26:15+00:00] Magnabid filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.85 via StartEngine. The nature of the amendment was described as follows:

    Extending the campaign end date, increasing maximum funding goal to $107,000 and clarifying minimum raise amount in offering document.

    File number: 020-23264

  • New Filing Form C

    [2017-03-31T14:02:17+00:00] Magnabid filed a Form C to raise a target amount of $9,999.85 (up to a maximum of $99,999.90) of Class A Non Voting Stock via StartEngine.

    File number: 020-23264