Offerings / Regulation CF / Faraday Labs Inc
Faraday Labs Inc
Regulation Crowdfunding offering on Wefunder · Form C filed October 28, 2026 · Santa Monica, California
SAFERevenue over $1MCorporation, Delaware
Business summary pending extraction from the offering statement. The company is a corporation organized in Delaware on July 17, 2018, based in Santa Monica, CA, with 3 employees and $5,022,759 of revenue in its most recent fiscal year.
Offering terms
- Security
- Simple Agreement for Future Equity (SAFE)
- Target (minimum)
- $50,000.00
- Maximum
- $615,660.00target is 8.1% of maximum
- Price
- $1.00 per unit · 50,000 units at target
- 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 fee
- 6.9% 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
- Havn II, a series of Wefunder SPV, LLC
Havn II EB, a series of Wefunder SPV, LLC
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $5,022,759 | $3,898,646 |
| Cost of goods sold | $1,570,206 | $1,451,085 |
| Net income (loss) | $61,928 | -$367,099 |
| Total assets | $3,061,553 | $2,043,451 |
| Cash and equivalents | $1,700,722 | $1,458,632 |
| Accounts receivable | $5,239 | $14,916 |
| Short-term debt | $1,707,920 | $1,546,545 |
| Long-term debt | $4,761,436 | $3,956,775 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 3 employees. Offered in 56 states.