Altwork

Welcome the seismic shift to hybrid/remote work with a modern workstation

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Security Type
Crowd SAFE
Min Investment
$100
Location
GEYSERVILLE, CA
Offering Date
February 02, 2022
Expected Close Date
April 21, 2023
Target Raise
$25.00K-$1.07M
No. Investors
242
Security Price
$1
Valuation
$25,000,000
Website
altwork.com
Number of Employees
5
Cash
$324,838
Revenue
$2,856,196
Short Term Debt
$923,964
Cost of Goods
$1,335,678
Long Term Debt
$6,287,388
Net Income
$-629,097
Amount Raised : $206,323
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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