Data / Crowdfunding / Georgia / DDM Systems, Inc.
DDM Systems, Inc.: crowdfunding raise on DEALMAKER SECURITIES LLC, $10,000 to $1,235,000 (2023)
DDM Systems, Inc., a corporation in Atlanta, GA, filed a Form C with the SEC on May 11, 2023 to raise $10,000 to $1,235,000 in preferred stock through DEALMAKER SECURITIES LLC. The offering closed on October 11, 2023. In its most recent fiscal year it reported $1,137,782 in revenue and a net loss of $272,498, with 5 employees.
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- Website
- www.ddmsys.com
- Funding portal
- DEALMAKER SECURITIES LLC
- Address
- 1876 DEFOOR AVENUE NORTHWEST BLDG. 3, Atlanta, GA 30318
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 14, 2012
- SEC CIK
- 0001863750
Offering terms
From the offering filed May 11, 2023.
- Security
- Preferred Stock
- Price
- $2.00
- Target
- $10,000
- Maximum
- $1,235,000
- Deadline
- October 11, 2023
- Portal compensation
- As compensation for the services provided by DealMaker Securities LLC, the Issuer is required to pay to DealMaker Securities LLC a fee consisting of a three percent (3%) commission based on the dollar amount of the Securities sold in the Offering.
Financials
From the Form C filed May 11, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,137,782 | $880,585 | sec.gov |
| Cost of goods sold | $641,313 | $433,916 | sec.gov |
| Net income | $-272,498 | $-575,110 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $129,076 | $917,966 | sec.gov |
| Cash | $52,192 | $171,217 | sec.gov |
| Accounts receivable | $0 | $24,674 | sec.gov |
| Short-term debt | $1,963,399 | $2,479,800 | sec.gov |
| Long-term debt | $3,664,426 | $3,664,417 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 11, 2023 | Offering | $10,000 | $1,235,000 | October 11, 2023 | sec.gov |
Updated May 11, 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.