United States Securities and Exchange Commission · EDGAR Accession 0002036784-25-000003

Form C-U

Offering Progress Update — Regulation Crowdfunding
Campaign file 020-34775
Issuer CIK 2036784
Raising via Wefunder Portal LLC

Spearhead Spirits Inc

CorporationDEIncorporated 2022West Hollywood, CAspearheadspirits.com
Progress updateThe final number is $159,477.00 in investments.
A

The Offering

as disclosed in this filing
Other (Simple Agreement for Future Equity (SAFE))
$1.00
$50,000
$1,235,000
April 30, 2025
Expired 410 days ago
$0max $1,235,000

Target is 4% of the maximum. Over-subscriptions accepted.

B

Financial Condition

two fiscal years, as filed
Revenue +2,272% YoYBurn increasingDebt / assets 340%5 employees
Line itemMost recent FYPrior FYΔ
Revenue892,01337,609
Cost of goods sold363,05551,605▲ 604%
Net income(1,762,257)(1,299,513)▼ burn
Total assets1,270,5641,729,680▼ 27%
Cash & equivalents196,3581,359,547▼ 86%
Accounts receivable143,4500
Short-term debt4,320,563102,375
Long-term debt02,927,083▼ 100%
Taxes paid00

Figures in USD as reported by the issuer. Securities offered in all 50 states.

C

Campaign Timeline

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