Offerings / Regulation CF / Solsten, Inc.
Solsten, Inc.
Regulation Crowdfunding offering on Wefunder · Form C filed March 18, 2026 · Minnetonka, Minnesota
Repeat issuerSAFERevenue over $1MCorporation, Delaware
Business summary pending extraction from the offering statement. The company is a corporation organized in Delaware on October 4, 2018, based in Minnetonka, MN, with 12 employees and $2,573,422 of revenue in its most recent fiscal year.
Offering terms
- Security
- Simple Agreement for Future Equity (SAFE)
- Maximum
- $597,219.00
- Price
- $1.00 per unit
- 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, 2026
- Oversubscriptions
- Accepted
- Intermediary
- Wefunder Portal LLC
Funding portal, SEC file 007-00033 - Intermediary fee
- 7.9% 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
- Solsten I, a series of Wefunder SPV, LLC
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $2,573,422 | $2,283,446 |
| Cost of goods sold | $1,447,865 | $1,656,290 |
| Net income (loss) | -$7,992,695 | -$12,857,580 |
| Total assets | $6,320,072 | $13,552,662 |
| Cash and equivalents | $2,976,732 | $11,303,091 |
| Accounts receivable | $708,385 | $278,254 |
| Short-term debt | $1,781,038 | $1,621,298 |
| Long-term debt | $116,713 | $0 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 12 employees. Offered in 56 states.