Data / Crowdfunding / New York / Betterpath, Inc.
Betterpath, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,001 to $1,069,997 (2018)
Betterpath, Inc., a corporation in Brooklyn, NY, filed a Form C with the SEC on July 11, 2018 to raise $10,001 to $1,069,997 in 8 Percent Series A Preferred Stock and CDX Tokens through StartEngine Capital, LLC. The offering closed on October 8, 2018. In its most recent fiscal year it reported $10,000 in revenue and a net loss of $195,516, with 4 employees.
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- Website
- hsa.betterpath.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 147 FRONT STREET, Brooklyn, NY 11201
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 8, 2016
- SEC CIK
- 0001602452
Offering terms
From the offering filed July 11, 2018.
- Security
- 8 Percent Series A Preferred Stock and CDX Tokens
- Price
- $4.70
- Target
- $10,001
- Maximum
- $1,069,997
- Deadline
- October 8, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-U filed October 9, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $10,000 | $20,000 | sec.gov |
| Cost of goods sold | $12,000 | $28,500 | sec.gov |
| Net income | $-195,516 | $-459,800 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,040 | $71,399 | sec.gov |
| Cash | $2,040 | $7,989 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $131,694 | $115,477 | sec.gov |
| Long-term debt | $420,000 | $310,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 9, 2018 | Progress update | $10,001 | $1,069,997 | October 8, 2018 | At the close of the offering, the issuer closed on $19,152.5 and 4,075 number of securities. | sec.gov |
| July 11, 2018 | Offering | $10,001 | $1,069,997 | October 8, 2018 | sec.gov |
Updated October 9, 2018. 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.