Data / Crowdfunding / Pennsylvania / Korion Health Inc.
Korion Health Inc.: crowdfunding raise on Honeycomb Portal LLC, $100,000 to $250,000 (2023)
Korion Health Inc., a corporation in Pittsburgh, PA, filed a Form C with the SEC on June 23, 2023 to raise $100,000 to $250,000 in debt through Honeycomb Portal LLC. The offering closed on July 7, 2023. In its most recent fiscal year it reported $110,500 in revenue and a net loss of $16,828, with 3 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.korionhealth.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 520 COYNE TER, Pittsburgh, PA 15207
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 7, 2022
- SEC CIK
- 0001973422
Offering terms
From the amendment filed June 23, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $100,000
- Maximum
- $250,000
- Deadline
- July 7, 2023
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-AR filed April 30, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $110,500 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-16,828 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $164,825 | $0 | sec.gov |
| Cash | $164,825 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $189,046 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| July 18, 2023 | Progress update | $100,000 | $250,000 | July 7, 2023 | Total raised $150,900 | sec.gov |
| June 23, 2023 | Amendment | $100,000 | $250,000 | July 7, 2023 | Update to Offering Statement | sec.gov |
| June 23, 2023 | Amendment | $100,000 | $250,000 | July 7, 2023 | Update to target end date | sec.gov |
| June 7, 2023 | Amendment | $100,000 | $250,000 | June 24, 2023 | Update to Form C | sec.gov |
| June 7, 2023 | Amendment | $50,000 | $250,000 | June 24, 2023 | Update to Form C | sec.gov |
| April 25, 2023 | Offering | $50,000 | $250,000 | June 9, 2023 | sec.gov |
Updated April 30, 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.