Data / Crowdfunding / Connecticut / KMX Technologies, LLC
KMX Technologies, LLC: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $500,000 (2023)
KMX Technologies, LLC, a corporation in Sharon, CT, filed a Form C with the SEC on February 6, 2023 to raise $10,000 to $500,000 in common stock through NetCapital Funding Portal Inc.. The offering closed on March 31, 2023. In its most recent fiscal year it reported $438,028 in revenue and a net loss of $970,456.
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- Website
- www.kmxtechnologies.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 29 Low Road, Sharon, CT 06069
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 12, 2020
- SEC CIK
- 0001887244
Offering terms
From the amendment filed February 6, 2023.
- Security
- Common Stock
- Price
- $2.00
- Target
- $10,000
- Maximum
- $500,000
- Deadline
- March 31, 2023
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000
Financials
From the Form C-AR filed July 28, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $438,028 | $15,000 | sec.gov |
| Cost of goods sold | $138,578 | $0 | sec.gov |
| Net income | $-970,456 | $-702,814 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $516,129 | $879,005 | sec.gov |
| Cash | $118,995 | $517,198 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $336,630 | $326,825 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| February 6, 2023 | Amendment | $10,000 | $500,000 | March 31, 2023 | the issuer disclosed a recently executed promissory note and extended the offering close date. | sec.gov |
| February 3, 2023 | Amendment | $10,000 | $500,000 | February 20, 2023 | the issuer disclosed a recently executed promissory note. | sec.gov |
| December 13, 2022 | Amendment | $10,000 | $500,000 | February 20, 2023 | the issuer extended the offering deadline. | sec.gov |
| October 20, 2022 | Offering | $10,000 | $500,000 | December 20, 2022 | sec.gov | |
| October 20, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| August 19, 2022 | Progress update | $10,000 | $1,069,998 | August 5, 2022 | End of offering. Issuer closed its offering with estimated gross proceeds of $1,069,999. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| June 17, 2022 | Amendment | $10,000 | $1,069,998 | August 5, 2022 | the issuer has extended the offering deadline. | sec.gov |
| May 27, 2022 | Amendment | $10,000 | $1,069,998 | June 30, 2022 | the issuer extended the offering deadline. | sec.gov |
| April 13, 2022 | Amendment | $10,000 | $1,069,998 | May 31, 2022 | the issuer extended the offering deadline and provided updated financial statements. | sec.gov |
| March 30, 2022 | Amendment | $10,000 | $1,069,998 | April 29, 2022 | the issuer is extending the offering deadline. | sec.gov |
| March 22, 2022 | Amendment | $10,000 | $1,069,998 | April 1, 2022 | issuer updated the risk section. | sec.gov |
| March 4, 2022 | Amendment | $10,000 | $1,069,998 | April 1, 2022 | issuer changed the maximum offering amount from 2 million to 1.07 million. | sec.gov |
| February 28, 2022 | Amendment | $10,000 | $1,999,998 | April 1, 2022 | the issuer is extending the offering deadline. | sec.gov |
| January 31, 2022 | Amendment | $10,000 | $1,999,998 | February 28, 2022 | the issuer is extending the offering deadline. | sec.gov |
| January 12, 2022 | Amendment | $10,000 | $1,999,998 | February 15, 2022 | issuer removed jay janson from the offering page and added new risks to the offering statement. | sec.gov |
| December 13, 2021 | Amendment | $10,000 | $1,999,998 | February 15, 2022 | issuer is extending the offering deadline. | sec.gov |
| December 3, 2021 | Amendment | $10,000 | $1,999,998 | December 13, 2021 | issuer changed the maximum offering amount to $2 million. | sec.gov |
| October 13, 2021 | Offering | $10,000 | $4,999,998 | December 13, 2021 | sec.gov |
Also on SpecStream
Updated July 28, 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.