Data / Crowdfunding / New York / Disruptive Multimedia, Inc.
Disruptive Multimedia, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2023)
Disruptive Multimedia, Inc., a corporation in New York, NY, filed a Form C with the SEC on February 9, 2023 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 20, 2023. In its most recent fiscal year it reported $1,954,546 in revenue and a net loss of $84,564, with 2 employees.
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- Website
- www.superphone.io
- Funding portal
- OpenDeal Portal LLC
- Address
- 228 PARK AVENUE SOUTH 41371, New York, NY 10003
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 4, 2014
- SEC CIK
- 0001821324
Offering terms
From the amendment filed February 9, 2023.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 20, 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-U filed April 27, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,954,546 | $1,380,769 | sec.gov |
| Cost of goods sold | $951,095 | $541,791 | sec.gov |
| Net income | $-84,564 | $-312,671 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $561,132 | $575,766 | sec.gov |
| Cash | $314,017 | $458,683 | sec.gov |
| Accounts receivable | $215,727 | $94,626 | sec.gov |
| Short-term debt | $602,345 | $537,237 | sec.gov |
| Long-term debt | $250,000 | $250,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 21, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 27, 2023 | Progress update | $25,000 | $1,070,000 | April 20, 2023 | The Offering closed successfully on 4/21/2023, having received investment commitments of $321,780.11, although a final accounting has not taken place. | sec.gov |
| April 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| February 9, 2023 | Amendment | $25,000 | $1,070,000 | April 20, 2023 | This amendment is filed to extend the Offering Deadline to April 20, 2023, and to update the Debt and Cash and Cash Equivalents sections. | sec.gov |
| September 30, 2022 | Offering | $25,000 | $1,070,000 | February 23, 2023 | sec.gov |
Updated June 21, 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.