Form C

## Definition: What is a Form C? A Form C is the compliance document companies must file with the SEC to collect investments on Wefunder via Regulation Crowdfunding. ## What information is needed to generate a Form C? Here's what you can expect to include in your legal disclosures, which Wefunder will then use to generate your Form C: - Company incorporation information (like legal name, EIN, and incorporation date). - Owners, officers, and Directors names and work history (usually as a LinkedIn link). - The terms you'd like to offer on Wefunder. - The contact information of your Lead Investor. - Your campaign minimum and maximum, as well as what you plan to use the funds for. - Potential risks you see in your business. - An overview of your cap table. - Information on prior debt and equity raises (like the date, amount, and terms of the raise). - Recent financial information (like monthly revenues, expenses, and COGS). - Financial statements ## What happens when you file your Form C? When a company hits its goal, Wefunder will help it file its Form C. Once that is complete, everyone who made a reservation will be emailed to confirm their reservation into an investment. When investors do this, they can proceed with the payment method they originally intended or change to a new one. Investors will have the following options to pay: - ACH Transfer (US bank account only) - Credit Card - including Apple Pay and Google Pay (limit $10,000 per investment) - Stablecoin - Wire Transfer (investments $1000+ only)