Musaffa, Inc.
View this filing on EDGAR (filing index, accession 0001062993-25-001405) | All Form C filings by this company on EDGAR
Filing details
| Company | Musaffa, Inc. | (Form C, issuer information) |
|---|---|---|
| State | NY | (Form C, issuer information) |
| Platform | DEALMAKER SECURITIES LLC | (Form C, issuer information) |
| Filing date | 2025-01-31 | (EDGAR filing index) |
| Date of incorporation | 2022-04-25 | (Form C, issuer information) |
| Employees | 29 | (Form C, issuer information) |
| Security offered | Other Class B Common Stock | (Form C, offering information) |
| Price per security | $2 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $4,012,910 | (Form C, offering information) |
| Offering deadline | 2025-05-11 | (Form C, offering information) |
| Platform compensation | At the offering's conclusion, the issuer shall pay a 7.5% fee on the amount raised to the Intermediary, inclusive of all processing, transaction, e-signature, and AML search fees. The Intermediary also receives $2,000/month while the offering is open. | (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 | $24,000 | $21,395 | (Form C, financial summary) |
| Cost of goods sold | $142,853 | $88,337 | (Form C, financial summary) |
| Net income | -$889,307 | -$291,932 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $870,555 | $83,095 | (Form C, financial summary) |
| Accounts receivable | $1,332 | $2,109 | (Form C, financial summary) |
| Total assets | $1,170,093 | $237,779 | (Form C, financial summary) |
| Short-term debt | $333,151 | $35,693 | (Form C, financial summary) |
| Long-term debt | $0 | $35,225 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001062993-25-001405, 0001062993-25-008238.
"NOTE 6 - GOING CONCERN These financial statements are prepared on a going concern basis."
"NOTE 6 - GOING CONCERN These financial statements are prepared on a going concern basis."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001062993-25-001405, 0001062993-25-008238.
"NOTE 7 - RELATED PARTY From time to time, the Company takes advances from members."
"NOTE 7 - RELATED PARTY From time to time, the Company takes advances from members."
- 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.
- 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.
- Repeat Form C filer. This company filed 2 or more new Form C filings between 2024-10-21 to 2026-10-27 on EDGAR.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Other Form C filings by this company in our data
Company website as listed in the Form C: https://musaffa.com/
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