Data / Crowdfunding / Texas / Cheers Health, Inc.
Cheers Health, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,973 to $4,999,978 (2021)
Cheers Health, Inc., a corporation in Houston, TX, filed a Form C with the SEC on September 10, 2021 to raise $9,973 to $4,999,978 in Non-Voting Common Stock through StartEngine Capital, LLC. The offering closed on September 30, 2021. In its most recent fiscal year it reported $15,002,002 in revenue and $249,757 in net income, with 28 employees.
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- Website
- cheershealth.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 2900 NORTH LOOP W STE 1125, Houston, TX 77092
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 13, 2014
- SEC CIK
- 0001862090
Offering terms
From the amendment filed September 10, 2021.
- Security
- Non-Voting Common Stock
- Price
- $39.11
- Target
- $9,973
- Maximum
- $4,999,978
- Deadline
- September 30, 2021
- Portal compensation
- 6.0 percent
Financials
From the Form C-AR filed April 24, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $15,002,002 | $8,438,042 | sec.gov |
| Cost of goods sold | $3,090,729 | $1,969,675 | sec.gov |
| Net income | $249,757 | $697,116 | sec.gov |
| Taxes paid | $171,870 | $244,396 | sec.gov |
| Total assets | $7,282,278 | $7,115,881 | sec.gov |
| Cash | $3,051,023 | $3,198,186 | sec.gov |
| Accounts receivable | $283,000 | $41,704 | sec.gov |
| Short-term debt | $222,335 | $303,677 | sec.gov |
| Long-term debt | $168,465 | $175,238 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 21, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 24, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| July 28, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 3, 2021 | Progress update | $9,973 | $4,999,978 | September 30, 2021 | At the close of the offering, the issuer closed on $1,764,919 and 49,979 shares of common stock. | sec.gov |
| October 12, 2021 | Progress update | $9,973 | $4,999,978 | September 30, 2021 | At the close of the offering, the issuer closed on $1,643,968.36 and 46,724 shares of common stock. | sec.gov |
| September 10, 2021 | Amendment | $9,973 | $4,999,978 | September 30, 2021 | Issuer is closing their campaign early. | sec.gov |
| May 18, 2021 | Offering | $9,973 | $4,999,978 | November 15, 2021 | sec.gov |
Updated October 21, 2026. 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.