Data / Crowdfunding / Nevada / Acres Technology
Acres Technology: crowdfunding raise on DEALMAKER SECURITIES LLC, $10,298 to $999,999 (2024)
Acres Technology, a corporation in Las Vegas, NV, filed a Form C with the SEC on December 5, 2024 to raise $10,298 to $999,999 in Non-Voting Common Stock through DEALMAKER SECURITIES LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $6,346,196 in revenue and a net loss of $9,006,842, with 4 employees.
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- Website
- acrestechnology.com
- Funding portal
- DEALMAKER SECURITIES LLC
- Address
- 8400 WEST SUNSET DRIVE SUITE 230, Las Vegas, NV 89113
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- June 22, 2007
- SEC CIK
- 0001730533
Offering terms
From the amendment filed December 5, 2024.
- Security
- Non-Voting Common Stock
- Price
- $3.30
- Target
- $10,298
- Maximum
- $999,999
- Deadline
- April 30, 2025
- Portal compensation
- DealMaker Securities LLC will receive cash compensation of 8.5% of the aggregate amount raised, and a one-time advance of $30,000 for diligence and onboarding, and $12,000/month for account management and marketing services.
Financials
From the Form C-U filed April 10, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $6,346,196 | $12,040,524 | sec.gov |
| Cost of goods sold | $5,222,204 | $7,965,012 | sec.gov |
| Net income | $-9,006,842 | $-10,945,340 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $23,008,744 | $16,410,326 | sec.gov |
| Cash | $1,892,509 | $727,475 | sec.gov |
| Accounts receivable | $522,694 | $80,949 | sec.gov |
| Short-term debt | $16,020,094 | $7,766,889 | sec.gov |
| Long-term debt | $28,874,428 | $20,147,255 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 10, 2025 | Progress update | $10,298 | $999,999 | April 30, 2025 | Final Amount Raised: $205,814.10 (including Investor Transaction Fees) Final number of investments: 87 | sec.gov |
| December 5, 2024 | Amendment | $10,298 | $999,999 | April 30, 2025 | Amending the number of patents cited in the document | sec.gov |
| November 15, 2024 | Amendment | $10,298 | $999,999 | April 30, 2025 | Updated exhibit of the investment page | sec.gov |
| November 15, 2024 | Offering | $10,298 | $999,999 | April 30, 2025 | sec.gov |
Also on SpecStream
Updated April 10, 2025. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.