Data / Crowdfunding / Delaware / Hedge Capital Markets Inc.
Hedge Capital Markets Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2022)
Hedge Capital Markets Inc., a corporation in Dover, DE, filed a Form C with the SEC on May 10, 2022 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on July 31, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,281,116, with 8 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.hedge.io
- Funding portal
- OpenDeal Portal LLC
- Address
- 8 THE GREEN A, Dover, DE 19901
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 5, 2021
- SEC CIK
- 0001926767
Offering terms
From the offering filed May 10, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- July 31, 2022
- 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-AR filed January 25, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,281,116 | $-31,002 | sec.gov |
| Taxes paid | $67,054 | $0 | sec.gov |
| Total assets | $1,383,998 | $129,181 | sec.gov |
| Cash | $1,021,903 | $125,809 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $31,713 | $0 | sec.gov |
| Long-term debt | $0 | $28,201 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 25, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| January 25, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| August 1, 2022 | Progress update | $25,000 | $1,070,000 | July 31, 2022 | The Offering closed successfully on 8/01/2022, having received investment commitments of $260,600.00, although a final accounting has not taken place. | sec.gov |
| May 10, 2022 | Offering | $25,000 | $1,070,000 | July 31, 2022 | sec.gov |
Also on SpecStream
Updated January 25, 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.