Data / Crowdfunding / New York / Base8 Inc.
Base8 Inc.: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $1,235,000 (2024)
Base8 Inc., a corporation in New York, NY, filed a Form C with the SEC on September 25, 2024 to raise $50,000 to $1,235,000 in SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 23, 2025. In its most recent fiscal year it reported $4,921 in revenue and a net loss of $290,101.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.base8.app
- Funding portal
- OpenDeal Portal LLC
- Address
- 85 BROAD STREET 17-108, New York, NY 10004
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 6, 2023
- SEC CIK
- 0002030117
Offering terms
From the offering filed September 25, 2024.
- Security
- SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- January 23, 2025
- Portal compensation
- The Issuer shall pay the Intermediary the greater of: (A) 0% of any amount raised up to $100,000, and 5% of any amount raised over $100,000.01, or (B) a $12,000 cash fee. Additionally, the Issuer shall pay a non-refundable onboarding fee of $7500.
Financials
From the Form C-AR filed April 30, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,921 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-290,101 | $-344,859 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,040 | $2,805 | sec.gov |
| Cash | $-1,015 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $100,075 | $527 | sec.gov |
| Long-term debt | $0 | $346,667 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| January 28, 2025 | Progress update | $50,000 | $1,235,000 | January 23, 2025 | The Offering closed successfully on 1/24/2025, having received investment commitments of $76,739.86, although a final accounting has not taken place. | sec.gov |
| September 25, 2024 | Offering | $50,000 | $1,235,000 | January 23, 2025 | sec.gov |
Updated April 30, 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.