Data / Crowdfunding / California / CerMed Corp
CerMed Corp: crowdfunding raise on StartEngine Primary, LLC, $19,999 to $1,235,000 (2025)
CerMed Corp, a corporation in Salinas, CA, filed a Form C with the SEC on March 21, 2025 to raise $19,999 to $1,235,000 in common stock through StartEngine Primary, LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $0 in revenue and a net loss of $852,284, with 4 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
- www.oncogenx.com
- Funding portal
- StartEngine Primary, LLC
- Address
- 397C CORRAL DE TIERRA SUITE 309C, Salinas, CA 93908
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 21, 2008
- SEC CIK
- 0001458574
Offering terms
From the amendment filed March 21, 2025.
- Security
- Common Stock
- Price
- $0.95
- Target
- $19,999
- Maximum
- $1,235,000
- Deadline
- April 30, 2025
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed May 12, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $7,672 | sec.gov |
| Cost of goods sold | $142 | $2,977 | sec.gov |
| Net income | $-852,284 | $-1,371,294 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $144,034 | $145,958 | sec.gov |
| Cash | $12,395 | $175 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,833,836 | $1,298,741 | sec.gov |
| Long-term debt | $519,000 | $519,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 12, 2025 | Progress update | $19,999 | $1,235,000 | April 30, 2025 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $110,791.89 and 132,176 number of securities. | sec.gov |
| April 18, 2025 | Progress update | $19,999 | $1,235,000 | April 30, 2025 | The issuer has raised over 50% ($112,368.03) of the offering target amount ($123999.70). | sec.gov |
| March 21, 2025 | Amendment | $19,999 | $1,235,000 | April 30, 2025 | Removed J. Fernandez, added C. Calarco as Pres CEO. Added risk re $595K liens lawsuits. Corrected FDA reg. of iPap (De Novo). Added future rev. disclaimers. Removed $114K notes. CEO time split. Lowered min. goal, extended deadline. | sec.gov |
| January 8, 2025 | Offering | $123,999 | $1,235,000 | April 8, 2025 | sec.gov |
Updated May 12, 2025. 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.