Data / Crowdfunding / Texas / CNS Pharmaceuticals, Inc.
CNS Pharmaceuticals, Inc.: crowdfunding raise on OpenDeal Inc., $100,000 to $1,070,000 (2018)
CNS Pharmaceuticals, Inc., a corporation in Houston, TX, filed a Form C with the SEC on March 13, 2018 to raise $100,000 to $1,070,000 in Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Inc.. The offering closed on June 11, 2018. In its most recent fiscal year it reported $0 in revenue and a net loss of $7,391,899, with 4 employees.
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- Website
- www.cnspharma.com
- Funding portal
- OpenDeal Inc.
- Address
- 2100 WEST LOOP SOUTH SUITE 900, Houston, TX 77027
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- July 27, 2017
- SEC CIK
- 0001729427
Offering terms
From the offering filed March 13, 2018.
- Security
- Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,070,000
- Deadline
- June 11, 2018
- Portal compensation
- 5.0% of the amount raised and 2% of the Securities being issued in this Offering
Financials
From the Form C-AR filed April 30, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-7,391,899 | $-219,362 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $683,333 | $162,194 | sec.gov |
| Cash | $282,736 | $110,543 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,232,631 | $220,726 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 24, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| June 15, 2018 | Progress update | $100,000 | $1,070,000 | June 11, 2018 | The Company successfully received investment commitments totaling $630,572 on June 11, 2018, although a final amount received into escrow has not be finalized. | sec.gov |
| March 13, 2018 | Offering | $100,000 | $1,070,000 | June 11, 2018 | sec.gov |
Also on SpecStream
Updated April 24, 2020. 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.