Data / Crowdfunding / Florida / Bitgreen Inc.
Bitgreen Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $5,000,000 (2021)
Bitgreen Inc., a corporation in West Palm Beach, FL, filed a Form C with the SEC on November 4, 2021 to raise $25,000 to $5,000,000 in Token Debt Payable by Assets ("DPA") through OpenDeal Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $608,815, with 3 employees.
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
- bitgreen.org
- Funding portal
- OpenDeal Portal LLC
- Address
- 7750 OKEECHOBEE BLVD STE 4-343, West Palm Beach, FL 33411
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 10, 2021
- SEC CIK
- 0001890316
Offering terms
From the offering filed November 4, 2021.
- Security
- Token Debt Payable by Assets ("DPA")
- Price
- $1.00
- Target
- $25,000
- Maximum
- $5,000,000
- Deadline
- April 30, 2022
- Portal compensation
- At the conclusion of the Offering, the issuer shall pay to the Intermediary cash proceeds from the Offering amount equal to: (1) 6.0% of any amounts raised up to $2M (2) 4.0% of any amount between $2M-$4M (3)3.0% of any amount over $4M
Financials
From the Form C-AR filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $608,815 | $0 | sec.gov |
| Net income | $-608,815 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,232,169 | $0 | sec.gov |
| Cash | $1,232,169 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $190,640 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 7, 2021 | Progress update | $25,000 | $5,000,000 | April 30, 2022 | The Offering closed successfully on 12/7/2021, having received investment commitments of $4,896,235.54, although a final accounting has not taken place. | sec.gov |
| November 4, 2021 | Offering | $25,000 | $5,000,000 | April 30, 2022 | sec.gov |
Updated May 2, 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.