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Data / Crowdfunding / Dao Labs, Inc.

Dao Labs, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,998 to $1,069,997 (2021)

Dao Labs, Inc., a company, filed a Form C with the SEC on July 19, 2021 to raise $9,998 to $1,069,997 in Class B Common Stock through StartEngine Capital, LLC. The offering closed on January 15, 2022. In its most recent fiscal year it reported $339,994 in revenue and a net loss of $172,085, with 7 employees.

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Website
mydaolabs.com
Funding portal
StartEngine Capital, LLC
SEC CIK
0001871340

Offering terms

From the offering filed July 19, 2021.

Security
Class B Common Stock
Price
$2.83
Target
$9,998
Maximum
$1,069,997
Deadline
January 15, 2022
Portal compensation
7.0 percent

Financials

From the Form C-U filed January 21, 2022.

Most recent fiscal yearPrior fiscal yearSource
Revenue$339,994$187,784sec.gov
Cost of goods sold$127,500$100,922sec.gov
Net income$-172,085$-374,392sec.gov
Taxes paid$0$0sec.gov
Total assets$77,374$80,299sec.gov
Cash$15,540$22,699sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$330,812$98,586sec.gov
Long-term debt$431,242$494,307sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
March 16, 2022WithdrawalNot listedNot listedsec.gov
January 21, 2022Progress update$9,998$1,069,997January 15, 2022At the close of the offering, the issuer closed on $0.00 and 0 securities.sec.gov
July 19, 2021Offering$9,998$1,069,997January 15, 2022sec.gov

All filings on sec.gov

Updated March 16, 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.