Data / Crowdfunding / California / ENACT Systems Inc.
ENACT Systems Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,997 to $999,990 (2021)
ENACT Systems Inc., a corporation in Pleasanton, CA, filed a Form C with the SEC on December 22, 2021 to raise $9,997 to $999,990 in common stock through StartEngine Capital, LLC. The offering closed on January 20, 2022. In its most recent fiscal year it reported $1,073,447 in revenue and a net loss of $5,295,510, with 18 employees.
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- Website
- enact-systems.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 6200 Stoneridge Mall Road Ste 300, Pleasanton, CA 94588
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- December 21, 2012
- SEC CIK
- 0001585201
Offering terms
From the amendment filed December 22, 2021.
- Security
- Common Stock
- Price
- $9.65
- Target
- $9,997
- Maximum
- $999,990
- Deadline
- January 20, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed June 10, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,073,447 | $805,744 | sec.gov |
| Cost of goods sold | $82,455 | $309,137 | sec.gov |
| Net income | $-5,295,510 | $-2,531,938 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,629,786 | $3,075,109 | sec.gov |
| Cash | $1,559,070 | $2,237,114 | sec.gov |
| Accounts receivable | $609,501 | $482,321 | sec.gov |
| Short-term debt | $77,161 | $83,697 | sec.gov |
| Long-term debt | $966,467 | $799,081 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 10, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 30, 2022 | Progress update | $9,997 | $999,990 | January 20, 2022 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $152,283.23 and 16,950 number of securities. | sec.gov |
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| January 24, 2022 | Progress update | $9,997 | $999,990 | January 20, 2022 | At the close of the offering, the issuer closed on $130,285.19 and 14,548 number of securities. | sec.gov |
| December 22, 2021 | Amendment | $9,997 | $999,990 | January 20, 2022 | The issuer is closing the offering early on 01/20/2022. | sec.gov |
| October 21, 2021 | Offering | $9,997 | $999,990 | April 19, 2022 | sec.gov |
Also on SpecStream
Updated June 10, 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.