Data / Crowdfunding / Massachusetts / Advanced Aesthetic Technologies, Inc.
Advanced Aesthetic Technologies, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,070,000 (2019)
Advanced Aesthetic Technologies, Inc., a corporation in Brookline, MA, filed a Form C with the SEC on February 22, 2019 to raise $10,000 to $1,070,000 in common stock through NetCapital Funding Portal Inc.. The offering closed on March 15, 2019. In its most recent fiscal year it reported $303,210 in revenue and $1,114,087 in net income, with 5 employees.
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- Website
- www.algeness.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- One Brookline Place Suite 427, Brookline, MA 02445
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 6, 2014
- SEC CIK
- 0001651778
Offering terms
From the amendment filed February 22, 2019.
- Security
- Common Stock
- Price
- $2.50
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- March 15, 2019
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-U filed August 9, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $303,210 | $192,052 | sec.gov |
| Cost of goods sold | $177,685 | $96,136 | sec.gov |
| Net income | $1,114,087 | $982,694 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $907,959 | $597,652 | sec.gov |
| Cash | $34,449 | $12,067 | sec.gov |
| Accounts receivable | $85,406 | $31,342 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 26, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| August 9, 2019 | Progress update | $10,000 | $1,070,000 | March 15, 2019 | End of offering. Issuer closed its offering with estimated gross proceeds of $78,120. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| February 22, 2019 | Amendment | $10,000 | $1,070,000 | March 15, 2019 | nomination of new chief executive officer. | sec.gov |
| February 15, 2019 | Amendment | $10,000 | $1,070,000 | March 15, 2019 | issuer extended offering deadline. | sec.gov |
| February 8, 2019 | Amendment | $10,000 | $1,070,000 | February 15, 2019 | issuer extended offering deadline. | sec.gov |
| November 13, 2018 | Offering | $10,000 | $1,070,000 | February 11, 2019 | sec.gov |
Updated August 26, 2019. 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.