Data / Crowdfunding / Maryland / JuneBrain Inc.
JuneBrain Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,235,000 (2022)
JuneBrain Inc., a corporation in Baltimore, MD, filed a Form C with the SEC on December 30, 2022 to raise $25,000 to $1,235,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on March 4, 2023. In its most recent fiscal year it reported $703,577 in revenue and a net loss of $271,228, with 4 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.junebrain.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 875 HOLLINS STREET SUITE 102, Baltimore, MD 21201
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 30, 2019
- SEC CIK
- 0001911149
Offering terms
From the offering filed December 30, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- March 4, 2023
- 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 April 27, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $703,577 | $500,000 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-271,228 | $139,921 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $383,904 | $231,098 | sec.gov |
| Cash | $356,018 | $231,098 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $34,742 | $39,422 | sec.gov |
| Long-term debt | $303,700 | $150,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 10, 2023 | Progress update | $25,000 | $1,235,000 | March 4, 2023 | The Offering closed successfully on 3/5/2023, having received investment commitments of $79,980, although a final accounting has not taken place. | sec.gov |
| December 30, 2022 | Offering | $25,000 | $1,235,000 | March 4, 2023 | sec.gov |
Also on SpecStream
Updated April 27, 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.