Data / Crowdfunding / ALPHAFLOW INC.
ALPHAFLOW INC.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $5,000,000 (2022)
ALPHAFLOW INC., a company, filed a Form C with the SEC on September 6, 2022 to raise $25,000 to $5,000,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 18, 2023. In its most recent fiscal year it reported $84,301 in revenue and a net loss of $5,101,202, with 43 employees.
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- Website
- www.alphaflow.com
- Funding portal
- OpenDeal Portal LLC
- SEC CIK
- 0001650200
Offering terms
From the offering filed September 6, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $5,000,000
- Deadline
- January 18, 2023
- Portal compensation
- (4.0%) of any amounts raised up to 2 million (0.00-2,000,000.00) (3.0%) of any amounts raised exceeding 2 million but not exceeding 4 million (2,000,000.01-4,000,000.00) and (2.0%) of any amounts raised exceeding 4 million but not exceeding 5 million
Financials
From the Form C filed September 6, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $84,301 | $168,957 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-5,101,202 | $-5,097,655 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $16,818,463 | $3,800,295 | sec.gov |
| Cash | $386,443 | $918,195 | sec.gov |
| Accounts receivable | $167,207 | $17,138 | sec.gov |
| Short-term debt | $14,641,188 | $1,880,698 | sec.gov |
| Long-term debt | $1,005,381 | $656,145 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 11, 2022 | Withdrawal | Not listed | Not listed | sec.gov | ||
| September 6, 2022 | Offering | $25,000 | $5,000,000 | January 18, 2023 | sec.gov | |
| June 28, 2021 | Progress update | $25,000 | $1,070,000 | August 15, 2021 | The Offering closed successfully on 06/25/2021, having received investment commitments of $1,850,165.64, although a final accounting has not taken place. | sec.gov |
| April 16, 2021 | Offering | $25,000 | $1,070,000 | August 15, 2021 | sec.gov | |
| April 15, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| October 20, 2020 | Progress update | $25,000 | $1,070,000 | November 6, 2020 | The Offering closed successfully on 10/19/2020, having received investment commitments of $1,070,000. | sec.gov |
| August 7, 2020 | Offering | $25,000 | $1,070,000 | November 6, 2020 | sec.gov |
Updated October 11, 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.