Data / Crowdfunding / Georgia / KONING CORP
KONING CORP: crowdfunding raise on StartEngine Capital, LLC, $9,997 to $2,898,855 (2022)
KONING CORP, a corporation in Norcross, GA, filed a Form C with the SEC on October 27, 2022 to raise $9,997 to $2,898,855 in common stock through StartEngine Capital, LLC. The offering closed on December 30, 2022. In its most recent fiscal year it reported $5,582,800 in revenue and a net loss of $1,005,082, with 22 employees.
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- Website
- www.koninghealth.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 5555 OAKBROOK PARKWAY SUITE 640, Norcross, GA 30093
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 14, 2002
- SEC CIK
- 0001174199
Offering terms
From the amendment filed October 27, 2022.
- Security
- Common Stock
- Price
- $5.69
- Target
- $9,997
- Maximum
- $2,898,855
- Deadline
- December 30, 2022
- Portal compensation
- up to 9 percent
Financials
From the Form C-AR filed April 26, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,582,800 | $1,418,566 | sec.gov |
| Cost of goods sold | $3,000,000 | $628,887 | sec.gov |
| Net income | $-1,005,082 | $-4,505,887 | sec.gov |
| Taxes paid | $4,350 | $11,207 | sec.gov |
| Total assets | $29,520,137 | $27,499,563 | sec.gov |
| Cash | $686,490 | $1,101,137 | sec.gov |
| Accounts receivable | $3,359,418 | $866,456 | sec.gov |
| Short-term debt | $5,396,019 | $4,889,411 | sec.gov |
| Long-term debt | $3,558,360 | $1,221,400 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 26, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 3, 2023 | Progress update | $9,997 | $2,898,855 | December 30, 2022 | At the close of the offering, the issuer closed on $492,133.26 and 94,367 number of securities. | sec.gov |
| October 27, 2022 | Amendment | $9,997 | $2,898,855 | December 30, 2022 | Issuer is extending campaign end date. | sec.gov |
| August 1, 2022 | Amendment | $9,997 | $2,898,855 | October 31, 2022 | Minor Team Updates | sec.gov |
| August 1, 2022 | Offering | $9,997 | $2,898,855 | October 31, 2022 | sec.gov | |
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| January 19, 2022 | Progress update | $25,000 | $5,000,000 | April 30, 2022 | The Offering closed successfully on 01/18/2022, having received investment commitments of $2,694,241 although a final accounting has not taken place. | sec.gov |
| August 12, 2021 | Offering | $25,000 | $5,000,000 | April 30, 2022 | sec.gov |
Updated April 29, 2024. 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.