Data / Crowdfunding / Massachusetts / Beta Bionics, Inc
Beta Bionics, Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,000,000 (2016)
Beta Bionics, Inc, a corporation in Concord, MA, filed a Form C with the SEC on August 26, 2016 to raise $50,000 to $1,000,000 in common stock through Wefunder Portal LLC. The offering closed on August 29, 2016. In its most recent fiscal year it reported $11,995,000 in revenue and a net loss of $44,099,000, with 233 employees.
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- Website
- www.betabionics.com
- Funding portal
- Wefunder Portal LLC
- Address
- 300 BAKER AVE SUITE 301, Concord, MA 01742
- Legal form
- Corporation
- Jurisdiction
- MA
- Incorporated
- October 21, 2015
- SEC CIK
- 0001674632
Offering terms
From the amendment filed August 26, 2016.
- Security
- Common Stock
- Price
- $100.00
- Target
- $50,000
- Maximum
- $1,000,000
- Deadline
- August 29, 2016
- Portal compensation
- 3.0% of the offering amount upon a successful fundraise.
Financials
From the Form C-AR filed April 25, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $11,995,000 | $179,000 | sec.gov |
| Cost of goods sold | $5,687,000 | $0 | sec.gov |
| Net income | $-44,099,000 | $-64,751,000 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $110,040,000 | $35,528,000 | sec.gov |
| Cash | $26,666,000 | $27,775,000 | sec.gov |
| Accounts receivable | $4,448,000 | $0 | sec.gov |
| Short-term debt | $10,605,000 | $8,873,000 | sec.gov |
| Long-term debt | $40,828,000 | $13,655,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 26, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 1, 2022 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 14, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 22, 2020 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 29, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| September 9, 2016 | Progress update | $50,000 | $1,000,000 | September 8, 2016 | The final number is 10,000 shares sold for a total investment of $1,000,000.00. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 08-29-16. | sec.gov |
| August 26, 2016 | Amendment | $50,000 | $1,000,000 | August 29, 2016 | Include video transcripts. | sec.gov |
| August 23, 2016 | Amendment | $50,000 | $1,000,000 | August 29, 2016 | Changed deadline date and include updated business plan. | sec.gov |
| May 16, 2016 | Offering | $50,000 | $1,000,000 | December 19, 2016 | sec.gov |
Also on SpecStream
Updated April 25, 2024. 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.