FairwayPay, LLC
View this filing on EDGAR (filing index, accession 0002106662-26-000002) | All Form C filings by this company on EDGAR
Filing details
| Company | FairwayPay, LLC | (Form C, issuer information) |
|---|---|---|
| State | MI | (Form C, issuer information) |
| Platform | Jumpstart Micro, Inc. d/b/a Issuance Express | (Form C, issuer information) |
| Filing date | 2026-06-10 | (EDGAR filing index) |
| Date of incorporation | 2018-05-29 | (Form C, issuer information) |
| Employees | 1 | (Form C, issuer information) |
| Security offered | Other Membership Interests | (Form C, offering information) |
| Price per security | $80 | (Form C, offering information) |
| Target amount | $100,000 | (Form C, offering information) |
| Maximum ask | $1,000,000 | (Form C, offering information) |
| Offering deadline | 2026-10-31 | (Form C, offering information) |
| Platform compensation | A cash-based success fee of 7.0% of the dollar amount raised in the Offering after each successful closing, including any intermediary closings, and a flat rate commission fee of $10,000.00. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $2,296 | $665 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$434,309 | -$216,500 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $228 | $587 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $250,228 | $416,081 | (Form C, financial summary) |
| Short-term debt | $1,270,433 | $872,107 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
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