Data / Crowdfunding / Texas / CISAPP Online Inc.
CISAPP Online Inc.: crowdfunding raise on MicroVenture Marketplace Inc., $25,000 to $250,000 (2021)
CISAPP Online Inc., a corporation in Houston, TX, filed a Form C with the SEC on June 30, 2021 to raise $25,000 to $250,000 in Crowd Note through MicroVenture Marketplace Inc.. The offering closed on October 4, 2021. In its most recent fiscal year it reported $1,000 in revenue and a net loss of $70,538, 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
- www.cisapp.co
- Funding portal
- MicroVenture Marketplace Inc.
- Address
- 1334 Brittmoore Rd, Houston, TX 77043
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 1, 2020
- SEC CIK
- 0001846065
Offering terms
From the amendment filed June 30, 2021.
- Security
- Crowd Note
- Price
- $1.00
- Target
- $25,000
- Maximum
- $250,000
- Deadline
- October 4, 2021
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay to the Intermediary a fee consisting of five percent (5%) commission based on the amount of investments raised in the Offering and paid upon distribution of funds from escrow at the time of closing.
Financials
From the Form C-AR filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,000 | $0 | sec.gov |
| Cost of goods sold | $71,538 | $2,943 | sec.gov |
| Net income | $-70,538 | $-2,943 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $76,910 | $85 | sec.gov |
| Cash | $76,910 | $85 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,943 | $2,943 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 7, 2021 | Progress update | $25,000 | $250,000 | October 4, 2021 | $156,713 in investments. Payments still processing final figure not yet determined. | sec.gov |
| June 30, 2021 | Amendment | $25,000 | $250,000 | October 4, 2021 | Increasing the maximum offering amount from $107,000 to $250,000, extending the Offering deadline, adjusting the product roadmap in light of the ongoing COVID-19 pandemic, and updating the company's financial performance metrics. | sec.gov |
| April 1, 2021 | Amendment | $25,000 | $107,000 | July 26, 2021 | Amendment is being filed due to related-party transactions totaling $10,000, representing over 16% of the current amount raised, to clarify the conditions of conducting an intermediate close, and to include a webinar transcript. | sec.gov |
| February 23, 2021 | Offering | $25,000 | $107,000 | July 26, 2021 | sec.gov |
Updated May 2, 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.