Pad Vegas is raising up to $800K on Wefunder Portal LLC in debt at $1 each; in its filing revenue was $12K and it had 0 employees (Form C, 2026-10-05).
Pad Vegas filed a Regulation Crowdfunding offering with the SEC through Wefunder Portal LLC, with a target of $50K and a maximum of $800K. As of November 6, 2026, the offering is open, with a deadline of April 30, 2027. The company gives its address as San Luis Obispo, CA (Form C, October 5, 2026).
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Pad Vegas, based in San Luis Obispo, CA, filed a Regulation Crowdfunding offering with the SEC, the latest on 2026-10-05, raising through Wefunder Portal LLC. It set a target of $50K and will accept up to $800K. The security offered is debt at $1 each. As of its filings the offering is open, with a deadline of 2027-04-30. 1 filing in this family are on record for the company.
Terms at a glance
| Target | $50K |
| Maximum it will accept | $800K |
| Security | Debt |
| Price per unit | $1 (<p>Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1.</p>) |
| Raise above the target | accepted, other |
| Deadline | 2027-04-30 |
| Raising through | Wefunder Portal LLC |
| What the portal is paid, as filed | 6.9% 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. |
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What the Full Report on Pad Vegas covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
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The filing does not state a company valuation or a minimum investment; the offering page on Wefunder Portal LLC shows those. Check both before you invest.
Money raised before
Earlier raises by this company that are on file, with the amounts as filed. A figure for a raise is what the company reported, not a check of what it received.
| Filed | What | Amount as filed | Filing |
|---|---|---|---|
| 2025-09-04 | Private placement (Form D) | $400K sold of $4M offered | filing |
Offering filings
| Filed | Intermediary | Target | Maximum | Deadline | Security | Filing |
|---|---|---|---|---|---|---|
| 2026-10-05 | Wefunder Portal LLC | $50K | $800K | 2027-04-30 | Debt | C |
Financials the company filed
Figures from the C filed 2026-10-05, as the company reported them.
| As filed | Most recent fiscal year | Prior fiscal year |
|---|---|---|
| Revenue | $12K | $862K |
| Net income | -$521K | -$80K |
| Total assets | $117K | $191K |
| Cash and equivalents | $65K | |
| Short-term debt | $94K | |
| Long-term debt | $15K |
Employees at filing: 0.
Revenue went from $862K to $12K (-99%). Net loss was $521K, against a loss of $80K the year before. It reported $65K in cash and $109K in debt. These are the company's own figures from the Form C filed 2026-10-05.
People who signed the filing
- Kristin Horowitz, CEO
- Yishai Horowitz, Founder + Chief Business Developer
Every filing
| Filed | What it is | Filing |
|---|---|---|
| 2026-10-05 | Offering | C |
What to check before investing
- Read the offering page on Wefunder Portal LLC: it states the valuation or cap and the minimum investment, which the SEC filing does not.
- Compare the terms above with the numbers: what does the price imply against revenue of $12K?
- Look at who signed the filing and what else they have run (the founder Snapshot below).
- Check the deadline and what happens if the target is missed.
- You cannot easily sell a crowdfunding security; invest only what you can leave tied up.
A crowdfunding round is won in public. FoxPlug turns your commits, deploys and releases into the posts and visuals that keep the story moving while the offering is open.
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Snapshot the foundersTools for this story
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Where this comes from
A company raising money from the public under Regulation Crowdfunding has to file with the SEC before the offering opens, and has to raise through a single registered intermediary: a funding portal or a broker-dealer. The first filing, Form C, states how much the company is trying to raise, the most it will accept, the deadline, the security and its price, the intermediary and what the intermediary is paid, and two years of the company's own financial figures.
After that the company files amendments when terms change, progress updates as the raise moves, and an annual report each year until it stops reporting. Every row here is one of those filings, linked to the filing itself, so each figure can be checked at the source. Figures are exactly as the company filed them; where a filing leaves a field blank, so does this page. Nothing here is investment advice, and a filing is the company's own statement, not a verification of it.