Data / Crowdfunding / Massachusetts / Cloud Dentistry, Inc.
Cloud Dentistry, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2022)
Cloud Dentistry, Inc., a corporation in Boston, MA, filed a Form C with the SEC on February 10, 2022 to raise $25,000 to $1,070,000 in preferred stock through SI SECURITIES, LLC. The offering closed on April 9, 2022. In its most recent fiscal year it reported $2,074,199 in revenue and a net loss of $1,649,810, with 16 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.clouddentistry.com
- Funding portal
- SI SECURITIES, LLC
- Address
- ONE WASHINGTON MALL, Boston, MA 02108
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 3, 2014
- SEC CIK
- 0001828984
Offering terms
From the offering filed February 10, 2022.
- Security
- Preferred Stock
- Price
- $1.54
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 9, 2022
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-AR filed August 1, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,074,199 | $1,217,760 | sec.gov |
| Cost of goods sold | $431,566 | $174,734 | sec.gov |
| Net income | $-1,649,810 | $-938,576 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $331,244 | $1,028,384 | sec.gov |
| Cash | $283,884 | $967,840 | sec.gov |
| Accounts receivable | $0 | $569 | sec.gov |
| Short-term debt | $705,961 | $277,299 | sec.gov |
| Long-term debt | $456,781 | $186,390 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 1, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 4, 2022 | Progress update | $25,000 | $1,070,000 | April 9, 2022 | The issuer raised approximately $157,394.16 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| February 10, 2022 | Offering | $25,000 | $1,070,000 | April 9, 2022 | sec.gov |
Also on SpecStream
Updated August 1, 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.