Data / Crowdfunding / Illinois / Innovative Product Solutions Inc.
Innovative Product Solutions Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,070,000 (2021)
Innovative Product Solutions Inc., a corporation in St Charles, IL, filed a Form C with the SEC on June 28, 2021 to raise $10,000 to $1,070,000 in common stock through NetCapital Funding Portal Inc.. The offering closed on September 1, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $12,000, with 5 employees.
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- Website
- www.iproductsolutions.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 2804 Royal Fox Drive, St Charles, IL 60174
- Legal form
- Corporation
- Jurisdiction
- CO
- Incorporated
- May 22, 2020
- SEC CIK
- 0001854590
Offering terms
From the amendment filed June 28, 2021.
- Security
- Common Stock
- Price
- $5.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- September 1, 2021
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C/A filed June 28, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-12,000 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 28, 2021 | Amendment | $10,000 | $1,070,000 | September 1, 2021 | issuer extended the offering date. | sec.gov |
| April 26, 2021 | Offering | $10,000 | $1,070,000 | June 29, 2021 | sec.gov |
Updated June 28, 2021. 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.