Data / Crowdfunding / California / Cadi, Inc.
Cadi, Inc.: crowdfunding raise on DEALMAKER SECURITIES LLC, $9,998 to $2,999,999 (2022)
Cadi, Inc., a corporation in Carlsbad, CA, filed a Form C with the SEC on December 28, 2022 to raise $9,998 to $2,999,999 in Class B Common Stock (non-voting) through DEALMAKER SECURITIES LLC. The offering closed on May 1, 2023. In its most recent fiscal year it reported $438,345 in revenue and a net loss of $733,151, with 2 employees.
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- Website
- www.cadikiosk.com
- Funding portal
- DEALMAKER SECURITIES LLC
- Address
- 5939 Darwin Ct., Carlsbad, CA 92008
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 27, 2016
- SEC CIK
- 0001830585
Offering terms
From the offering filed December 28, 2022.
- Security
- Class B Common Stock (non-voting)
- Price
- $1.72
- Target
- $9,998
- Maximum
- $2,999,999
- Deadline
- May 1, 2023
- Portal compensation
- 3% commission fee based on the dollar amount of securities sold in the offering, a $16,500 one-time administrative fee, and $2,000 monthly maintenance fee for issuer's use of the intermediaries' platform. See further details of these fees in this Form C.
Financials
From the Form C filed December 28, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $438,345 | $726,891 | sec.gov |
| Cost of goods sold | $408,422 | $472,060 | sec.gov |
| Net income | $-733,151 | $6,244 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $773,691 | $328,997 | sec.gov |
| Cash | $389,307 | $128,914 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $143,965 | $145,520 | sec.gov |
| Long-term debt | $14,512 | $312,954 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 28, 2022 | Offering | $9,998 | $2,999,999 | May 1, 2023 | sec.gov | |
| May 2, 2022 | Progress update | $9,998 | $3,518,508 | April 30, 2022 | At the close of the offering, the issuer closed on $345,986.86 and 281,097 number of securities. | sec.gov |
| April 25, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 14, 2022 | Amendment | $9,998 | $3,518,508 | April 30, 2022 | Issuer is extending campaign and updating perks. | sec.gov |
| December 16, 2021 | Offering | $9,998 | $3,518,508 | March 16, 2022 | sec.gov | |
| December 16, 2021 | Progress update | $9,999 | $1,070,000 | July 29, 2021 | At the close of the offering, the issuer closed on $1,481,490.86 and 3,500,356 shares of security-type stock. | sec.gov |
| December 15, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| August 5, 2021 | Progress update | $9,999 | $1,070,000 | July 29, 2021 | At the close of the offering, the issuer closed on $2,499,999.79 and 3,187,271 shares of security-type stock. | sec.gov |
| April 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2021 | Amendment | $9,999 | $1,070,000 | July 29, 2021 | Extending and amending the campaign with new financials, raising max with Audit | sec.gov |
| November 12, 2020 | Offering | $9,999 | $1,069,998 | April 30, 2021 | sec.gov |
Updated December 28, 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.