FORM C | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | OMB APPROVAL |
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Form C: Filer Information
Filer CIK: | 0001719420 |
Filer CCC: | XXXXXXXX |
Period: | 12-31-2020 |
Is this a LIVE or TEST Filing? | LIVE TEST |
Is this an electronic copy of an official filing submitted in paper format in connection with a hardship exemption? | |
Would you like a Return Copy? |
Submission Contact Information
Name: | |
Phone Number: | |
Contact E-Mail Address: | |
Notify via Filing Website only? |
Form C: Issuer Information
Issuer Information
Name of Issuer: | MAGFAST LLC |
Legal Status of Issuer:
Form: | Limited Liability Company |
Jurisdiction of Incorporation/Organization: | DELAWARE |
Date of Incorporation/Organization: | 10-03-2017 |
Physical Address of Issuer:
Address 1: | 1 GRANDVIEW AVE |
City: | CORNWALL ON HUDSON |
State/Country: | NEW YORK |
Mailing Zip/Postal Code: | 12520 |
Website of Issuer: | MAGFAST.com |
Form C: Annual Report Disclosure Requirements
Annual Report Disclosure Requirements
Current Number of Employees: | 2.00 |
Total Assets Most Recent Fiscal Year-end: | 2960115.00 |
Total Assets Prior Fiscal Year-end: | 1462165.00 |
Cash and Cash Equivalents Most Recent Fiscal Year-end: | 1650283.00 |
Cash and Cash Equivalents Prior Fiscal Year-end: | 1185735.00 |
Accounts Receivable Most Recent Fiscal Year-end: | 0.00 |
Accounts Receivable Prior Fiscal Year-end: | 0.00 |
Short-term Debt Most Recent Fiscal Year-end: | 10069879.00 |
Short-term Debt Prior Fiscal Year-end: | 127084.00 |
Long-term Debt Most Recent Fiscal Year-end: | 0.00 |
Long-term Debt Prior Fiscal Year-end: | 0.00 |
Revenue/Sales Most Recent Fiscal Year-end: | 0.00 |
Revenue/Sales Prior Fiscal Year-end: | 0.00 |
Cost of Goods Sold Most Recent Fiscal Year-end: | 0.00 |
Cost of Goods Sold Prior Fiscal Year-end: | 0.00 |
Taxes Paid Most Recent Fiscal Year-end: | 0.00 |
Taxes Paid Prior Fiscal Year-end: | 0.00 |
Net Income Most Recent Fiscal Year-end: | -4581463.00 |
Net Income Prior Fiscal Year-end: | -2406931.00 |
Form C: Signature
Signature
Issuer: | MAGFAST LLC |
Signature: | Seymour Segnit |
Title: | CEO |
Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.
Signature: | Seymour Segnit |
Title: | CEO |
Date: | 04-29-2021 |