Data / Crowdfunding / California / CoContest Inc.
CoContest Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2022)
CoContest Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on September 6, 2022 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 18, 2023. In its most recent fiscal year it reported $318,731 in revenue and a net loss of $59,459.
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- Website
- gopillar.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 405 HOWARD STREET 10TH FLOOR, San Francisco, CA 94105
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 16, 2015
- SEC CIK
- 0001942554
Offering terms
From the offering filed September 6, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- January 18, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed June 26, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $318,731 | $571,053 | sec.gov |
| Cost of goods sold | $18,021 | $24,637 | sec.gov |
| Net income | $-59,459 | $-64,958 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $443,905 | $539,881 | sec.gov |
| Cash | $154,289 | $241,735 | sec.gov |
| Accounts receivable | $48,977 | $71,856 | sec.gov |
| Short-term debt | $219,804 | $140,242 | sec.gov |
| Long-term debt | $0 | $48,728 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 26, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 26, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 20, 2023 | Progress update | $25,000 | $1,070,000 | January 18, 2023 | The Offering closed successfully on 1/19/2023, having received investment commitments of $46,275, although a final accounting has not taken place. | sec.gov |
| September 6, 2022 | Offering | $25,000 | $1,070,000 | January 18, 2023 | sec.gov |
Updated June 26, 2023. 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.