Data / Crowdfunding / California / Gali Health Inc.
Gali Health Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $900,000 (2019)
Gali Health Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on May 30, 2019 to raise $25,000 to $900,000 in debt through SI SECURITIES, LLC. The offering closed on July 26, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $384,910, with 5 employees.
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- Website
- galihealth.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 888 7TH ST, SUITE 108, San Francisco, CA 94107
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 20, 2015
- SEC CIK
- 0001771924
Offering terms
From the amendment filed May 30, 2019.
- Security
- Debt
- Target
- $25,000
- Maximum
- $900,000
- Deadline
- July 26, 2019
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-U filed July 24, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-384,910 | $-229,280 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $262,774 | $759 | sec.gov |
| Cash | $262,774 | $759 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $28,846 | $61,096 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 24, 2019 | Progress update | $25,000 | $900,000 | July 26, 2019 | "The issuer raised approximately $199,225 during the offering period. Payment are still being processed; the exact amount has yet to be determined." | sec.gov |
| May 30, 2019 | Amendment | $25,000 | $900,000 | July 26, 2019 | Amended Exhibit A to increase interest rate from 0% to 5% and removal of risk | sec.gov |
| May 24, 2019 | Offering | $25,000 | $900,000 | July 26, 2019 | sec.gov |
Updated July 24, 2019. 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.