Offerings / Regulation CF / Popwheels Inc.
Popwheels Inc.
Regulation Crowdfunding offering on Wefunder · Form C filed June 18, 2026 · Brooklyn Navy Yard, New York
Repeat issuerSAFEEarly revenueCorporation, Delaware
Business summary pending extraction from the offering statement. The company is a corporation organized in Delaware on July 29, 2021, based in Brooklyn Navy Yard, NY, with 10 employees and $180,033 of revenue in its most recent fiscal year.
Offering terms
- Security
- Simple Agreement for Future Equity (SAFE)
- Maximum
- $368,000.00
- Price
- $1.00 per unit
- Pricing method
- Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1; each investment is convertible to one share of stock as described under Item 13.
- Deadline
- April 30, 2027
- Oversubscriptions
- Accepted
- Intermediary
- Wefunder Portal LLC
Funding portal, SEC file 007-00033 - Intermediary fee
- 7.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
- Intermediary equity
- No
- Co-issuer
- PopWheels I, a series of Wefunder SPV, LLC
PopWheels I EB, a series of Wefunder SPV, LLC
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $180,033 | $160,452 |
| Cost of goods sold | $154,561 | $8,592 |
| Net income (loss) | -$1,390,137 | -$729,530 |
| Total assets | $2,345,489 | $763,280 |
| Cash and equivalents | $52,761 | $197,828 |
| Accounts receivable | $4,294 | $0 |
| Short-term debt | $1,144,943 | $339,607 |
| Long-term debt | $3,773,837 | $1,607,907 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 10 employees. Offered in 56 states.