Data / Crowdfunding / New York / CoverUS, Inc
CoverUS, Inc: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2018)
CoverUS, Inc, a corporation in Brooklyn, NY, filed a Form C with the SEC on December 31, 2018 to raise $25,000 to $1,070,000 in Crowd SAFE Note Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on March 22, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $136,315, with 2 employees.
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- Website
- coverus.health
- Funding portal
- OpenDeal Portal LLC
- Address
- BROOKLYN NAVY YARD, BUILDING 128, Brooklyn, NY 11201
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 11, 2018
- SEC CIK
- 0001752130
Offering terms
From the offering filed December 31, 2018.
- Security
- Crowd SAFE Note Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- March 22, 2019
- Portal compensation
- 6.0% of the amount raised
Financials
From the Form C-AR filed May 1, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-136,315 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $280,306 | $0 | sec.gov |
| Cash | $270,306 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $56,191 | $0 | sec.gov |
| Long-term debt | $360,040 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| March 26, 2019 | Progress update | $25,000 | $1,070,000 | March 22, 2019 | The Offering successfully raised $114,936 on March 23, 2019. | sec.gov |
| December 31, 2018 | Offering | $25,000 | $1,070,000 | March 22, 2019 | sec.gov |
Updated May 6, 2019. 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.