0001669191-22-000667.txt : 20220623 0001669191-22-000667.hdr.sgml : 20220623 20220623103315 ACCESSION NUMBER: 0001669191-22-000667 CONFORMED SUBMISSION TYPE: C-U PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220623 DATE AS OF CHANGE: 20220623 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGFAST LLC CENTRAL INDEX KEY: 0001719420 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 822993499 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: C-U SEC ACT: 1933 Act SEC FILE NUMBER: 020-29144 FILM NUMBER: 221033836 BUSINESS ADDRESS: STREET 1: 1 GRANDVIEW AVENUE CITY: CORNWALL-ON-HUDSON STATE: NY ZIP: 12520 BUSINESS PHONE: 917-624-9336 MAIL ADDRESS: STREET 1: 1 GRANDVIEW AVE CITY: CORNWALL ON HUDSON STATE: NY ZIP: 12520 C-U 1 primary_doc.xml C-U 0001719420 XXXXXXXX 020-29144 LIVE false true false End of offering. Issuer closed its offering with estimated gross proceeds of $220,466. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. MAGFAST LLC Limited Liability Company DE 10-03-2017 1 Grandview Ave Cornwall on Hudson NY 12520 MAGFAST.com N NetCapital Funding Portal Inc. 0001669191 007-00035 283596 Up to 4.9% of amount raised for a successful offering None. Common Stock 660 15.17000 The price of the Securities was determined solely by the Manager and bears no relation to traditional measures of valuation such as book value or price-to-earnings ratios. We expect that any future valuation will take the same approach. 10012.20 Y First-come, first-served basis 4999986.49 05-02-2022 2 0.00 2883896.00 0.00 1650223.00 0.00 0.00 0.00 127084.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4811177.00 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY B5 GU 1V PR VI MAGFAST LLC Seymour Segnit Principal Executive Officer Seymour Segnit Principal Executive Officer 06-23-2022 Amy Rau Segnit Principal Financial Officer 06-23-2022 Seymour Segnit Principal Accounting Officer 06-23-2022 Seymour Segnit Board Member 06-23-2022 Amy Rau Segnit Board Member 06-23-2022