Data / Crowdfunding / Florida / Brain Game LS Inc.
Brain Game LS Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $249,995 (2022)
Brain Game LS Inc., a corporation in Miami Beach, FL, filed a Form C with the SEC on March 30, 2022 to raise $10,000 to $249,995 in common stock through NetCapital Funding Portal Inc.. The offering closed on April 29, 2022. In its most recent fiscal year it reported $519,070 in revenue and a net loss of $1,654,752, with 8 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
- finlitx.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 1504 Bay Road Suite 703, Miami Beach, FL 33139
- Legal form
- Corporation
- Jurisdiction
- NY
- Incorporated
- October 15, 2014
- SEC CIK
- 0001843633
Offering terms
From the amendment filed March 30, 2022.
- Security
- Common Stock
- Price
- $5.00
- Target
- $10,000
- Maximum
- $249,995
- Deadline
- April 29, 2022
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-U filed May 11, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $519,070 | $844,014 | sec.gov |
| Cost of goods sold | $445,339 | $768,102 | sec.gov |
| Net income | $-1,654,752 | $47,075 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,354,332 | $1,384,430 | sec.gov |
| Cash | $148,677 | $102,214 | sec.gov |
| Accounts receivable | $695,896 | $772,457 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $1,225,000 | $1,296,022 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 11, 2022 | Progress update | $10,000 | $249,995 | April 29, 2022 | End of offering. Issuer closed its offering with estimated gross proceeds of $41,255. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| March 30, 2022 | Amendment | $10,000 | $249,995 | April 29, 2022 | the issuer is extending the offering deadline. | sec.gov |
| March 2, 2022 | Amendment | $10,000 | $249,995 | April 1, 2022 | the issuer is extending the offering deadline. | sec.gov |
| November 30, 2021 | Amendment | $10,000 | $249,995 | March 1, 2022 | the issuer has extended the offering deadline. | sec.gov |
| September 20, 2021 | Amendment | $10,000 | $249,995 | December 31, 2021 | the issuer extended the offering date. | sec.gov |
| August 10, 2021 | Amendment | $10,000 | $249,995 | September 30, 2021 | issuer updated the other material information section. | sec.gov |
| July 23, 2021 | Amendment | $10,000 | $249,995 | September 30, 2021 | issuer extended their offering date. | sec.gov |
| May 28, 2021 | Amendment | $10,000 | $249,995 | July 31, 2021 | the issuer extended the offering date. | sec.gov |
| May 3, 2021 | Amendment | $10,000 | $249,995 | June 1, 2021 | issuer extended the offering date. | sec.gov |
| March 4, 2021 | Offering | $10,000 | $249,995 | May 1, 2021 | sec.gov |
Updated May 11, 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.