Data / Crowdfunding / Oregon / Circumvent Pharmaceuticals, Inc.
Circumvent Pharmaceuticals, Inc.: crowdfunding raise on Bioverge Portal, $25,000 to $250,000 (2021)
Circumvent Pharmaceuticals, Inc., a corporation in Portland, OR, filed a Form C with the SEC on July 12, 2021 to raise $25,000 to $250,000 in Crowd SAFE through Bioverge Portal. The offering closed on December 31, 2021. In its most recent fiscal year it reported $1,088 in revenue and a net loss of $888,189, with 4 employees.
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- Website
- www.circumventpharmaceuticals.com
- Funding portal
- Bioverge Portal
- Address
- 4640 SW Macadam Ave., Suite 200, Portland, OR 87239
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 24, 2015
- SEC CIK
- 0001855639
Offering terms
From the offering filed July 12, 2021.
- Security
- Crowd SAFE
- Price
- $25,000.00
- Target
- $25,000
- Maximum
- $250,000
- Deadline
- December 31, 2021
- Portal compensation
- A $10,000 setup fee, a cash commission equal to 5% of the gross proceeds of the offering and 2% of the securities sold.
Financials
From the Form C filed July 12, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,088 | $905 | sec.gov |
| Cost of goods sold | $889,277 | $630,537 | sec.gov |
| Net income | $-888,189 | $-629,632 | sec.gov |
| Taxes paid | $3,818 | $3,031 | sec.gov |
| Total assets | $1,740,528 | $2,135,148 | sec.gov |
| Cash | $1,740,528 | $2,135,148 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $55,624 | $0 | sec.gov |
| Long-term debt | $3,335,152 | $2,798,152 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 12, 2021 | Offering | $25,000 | $250,000 | December 31, 2021 | sec.gov |
Updated July 12, 2021. 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.