Data / Crowdfunding / New York / Culi, Inc.
Culi, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,235,000 (2023)
Culi, Inc., a corporation in New York, NY, filed a Form C with the SEC on March 10, 2023 to raise $25,000 to $1,235,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on June 8, 2023. In its most recent fiscal year it reported $112,877 in revenue and a net loss of $272,170, with 5 employees.
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- Website
- www.zestapp.co
- Funding portal
- OpenDeal Portal LLC
- Address
- 203 WEST 90TH STREET, UNIT 911, New York, NY 10024
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 10, 2021
- SEC CIK
- 0001890811
Offering terms
From the offering filed March 10, 2023.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- June 8, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of three and one half percent (3.5%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 5, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $112,877 | $25,527 | sec.gov |
| Cost of goods sold | $28,789 | $7,266 | sec.gov |
| Net income | $-272,170 | $-50,632 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $514,593 | $201,977 | sec.gov |
| Cash | $508,900 | $194,106 | sec.gov |
| Accounts receivable | $0 | $7,871 | sec.gov |
| Short-term debt | $89,846 | $182 | sec.gov |
| Long-term debt | $0 | $120,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 5, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| June 15, 2023 | Progress update | $25,000 | $1,235,000 | June 8, 2023 | The Offering closed successfully on 6/9/2023, having received investment commitments of $94,590, although a final accounting has not taken place. | sec.gov |
| March 10, 2023 | Offering | $25,000 | $1,235,000 | June 8, 2023 | sec.gov |
Updated April 5, 2024. 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.