Data / Crowdfunding / Pennsylvania / IOTACOMM, INC.
IOTACOMM, INC.: crowdfunding raise on DEALMAKER SECURITIES LLC, $10,011 to $1,234,998 (2025)
IOTACOMM, INC., a corporation in Allentown, PA, filed a Form C with the SEC on September 29, 2025 to raise $10,011 to $1,234,998 in common stock through DEALMAKER SECURITIES LLC. The offering closed on December 31, 2025. In its most recent fiscal year it reported $272,885 in revenue and a net loss of $7,945,133, with 11 employees.
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- Website
- www.iotacomm.com
- Funding portal
- DEALMAKER SECURITIES LLC
- Address
- 600 HAMILTON ST., SUITE 1010, Allentown, PA 18101
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 7, 1998
- SEC CIK
- 0001095130
Offering terms
From the amendment filed September 29, 2025.
- Security
- Common Stock
- Price
- $12.00
- Target
- $10,011
- Maximum
- $1,234,998
- Deadline
- December 31, 2025
- Portal compensation
- As compensation for the services provided by DealMaker Securities LLC, the Issuer is required to pay to DealMaker Securities LLC a fee consisting of a eight and one-half percent (8.5%) cash commission based on the dollar amount of the Securities sold.
Financials
From the Form C-U filed November 10, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $272,885 | $152,286 | sec.gov |
| Cost of goods sold | $24,646 | $78,218 | sec.gov |
| Net income | $-7,945,133 | $-12,834,498 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $70,404,841 | $70,278,549 | sec.gov |
| Cash | $129,884 | $30,833 | sec.gov |
| Accounts receivable | $80,281 | $7,828 | sec.gov |
| Short-term debt | $10,033,371 | $26,948,541 | sec.gov |
| Long-term debt | $55,445,058 | $51,269,295 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 10, 2025 | Progress update | $10,011 | $1,234,998 | December 31, 2025 | The Company closed the Offering and total proceeds raised during the Offering period were $590,560.80. | sec.gov |
| September 29, 2025 | Amendment | $10,011 | $1,234,998 | December 31, 2025 | This material amendment is filed to: update Exhibit F to include reviewed financials for the year ended May 31, 2025; reduce the Maximum Offering Amount; and update the Capitalization and Ownership, Previous Offerings, and Financial Information sections | sec.gov |
| August 18, 2025 | Amendment | $10,011 | $4,999,990 | December 31, 2025 | This material amendment is filed to update the Directors, Officers, Managers and Key Persons section and the Exhibit A- Investor Website Page to reflect the departure from the Company of its Chief Technology Officer. | sec.gov |
| July 29, 2025 | Amendment | $10,011 | $4,999,990 | December 31, 2025 | This material amendment is filed to (i) extend the Offering Deadline; and (ii) update the Capitalization and Ownership, Previous Offerings and Financial Information sections. | sec.gov |
| May 8, 2025 | Amendment | $10,011 | $4,999,990 | July 31, 2025 | Amendment to Offering Statement | sec.gov |
| April 14, 2025 | Offering | $10,011 | $4,999,990 | July 31, 2025 | sec.gov |
Also on SpecStream
Updated November 10, 2025. 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.