Data / Crowdfunding / California / Advanced AI Solutions, Inc.
Advanced AI Solutions, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,999 (2021)
Advanced AI Solutions, Inc., a corporation in San Diego, CA, filed a Form C with the SEC on December 16, 2021 to raise $9,999 to $1,069,999 in common stock through StartEngine Capital, LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $211,903 in revenue and a net loss of $27,523, with 5 employees.
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- Website
- xfireusa.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 8910 UNIVERSITY CENTER LANE, SUITE 400 SUITE B107, San Diego, CA 92122
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- March 23, 2020
- SEC CIK
- 0001891966
Offering terms
From the amendment filed December 16, 2021.
- Security
- Common Stock
- Price
- $0.81
- Target
- $9,999
- Maximum
- $1,069,999
- Deadline
- April 30, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed November 4, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $211,903 | $0 | sec.gov |
| Cost of goods sold | $160,734 | $0 | sec.gov |
| Net income | $-27,523 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $7,942 | $0 | sec.gov |
| Cash | $7,942 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $30,466 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 4, 2022 | Progress update | $9,999 | $1,069,999 | April 30, 2022 | Adjustment to the initial Form C-U filing. At the close of the offering, Issuer closed on $64,486.03 and 84,853 number of securities | sec.gov |
| May 3, 2022 | Progress update | $9,999 | $1,069,999 | April 30, 2022 | At the close of the offering, Issuer closed on $0 and 0 number of securities | sec.gov |
| December 16, 2021 | Amendment | $9,999 | $1,069,999 | April 30, 2022 | Fixing clerical error | sec.gov |
| December 15, 2021 | Offering | $9,999 | $1,069,999 | April 30, 2022 | sec.gov |
Updated November 4, 2022. 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.