Data / Crowdfunding / Minnesota / Ao1 Solutions Inc.
Ao1 Solutions Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $106,999 (2018)
Ao1 Solutions Inc., a corporation in Minneapolis, MN, filed a Form C with the SEC on November 15, 2018 to raise $10,000 to $106,999 in common stock through NetCapital Funding Portal Inc.. The offering closed on January 31, 2019. In its most recent fiscal year it reported $60,668 in revenue and a net loss of $395,438, with 12 employees.
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- Website
- www.playershealth.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 701 N 3rd St. STE 210, Minneapolis, MN 55401
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 23, 2012
- SEC CIK
- 0001646532
Offering terms
From the amendment filed November 15, 2018.
- Security
- Common Stock
- Price
- $0.88
- Target
- $10,000
- Maximum
- $106,999
- Deadline
- January 31, 2019
- Portal compensation
- Up to 4.9% of amount raised for a successful offering
Financials
From the Form C-U filed February 4, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $60,668 | $1,149 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-395,438 | $-766,267 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $77,304 | $197,331 | sec.gov |
| Cash | $57,059 | $186,526 | sec.gov |
| Accounts receivable | $4,000 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $1,254,639 | $965,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 4, 2019 | Progress update | $10,000 | $106,999 | January 31, 2019 | End of offering. Issuer failed to reach target amount and investor funds are being returned by the escrow agent. | sec.gov |
| November 15, 2018 | Amendment | $10,000 | $106,999 | January 31, 2019 | issuer extended offering deadline. | sec.gov |
| September 11, 2018 | Amendment | $10,000 | $106,999 | November 15, 2018 | Issuer extended offering deadline. | sec.gov |
| July 6, 2018 | Amendment | $10,000 | $106,999 | September 11, 2018 | Issuer extended offering deadline. | sec.gov |
| May 7, 2018 | Offering | $10,000 | $106,999 | July 10, 2018 | sec.gov |
Updated February 4, 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.