Data / Crowdfunding / Florida / Launchspace Technologies Corporation
Launchspace Technologies Corporation: crowdfunding raise on NetCapital Funding Portal Inc., $10,026 to $1,069,974 (2022)
Launchspace Technologies Corporation, a corporation in Boca Raton, FL, filed a Form C with the SEC on March 31, 2022 to raise $10,026 to $1,069,974 in common stock through NetCapital Funding Portal Inc.. The offering closed on April 7, 2022. In its most recent fiscal year it reported $655,000 in revenue and $296,683 in net income, with 2 employees.
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- Website
- www.launchspacetechnologies.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 500 NE Spanish River Blvd Suite 35, Boca Raton, FL 33431
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 11, 2016
- SEC CIK
- 0001876786
Offering terms
From the amendment filed March 31, 2022.
- Security
- Common Stock
- Price
- $100.26
- Target
- $10,026
- Maximum
- $1,069,974
- Deadline
- April 7, 2022
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-U filed May 11, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $655,000 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $296,683 | $-243,311 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $655,479 | $1,217 | sec.gov |
| Cash | $254 | $692 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $612,000 | $254,421 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 11, 2022 | Progress update | $10,026 | $1,069,974 | April 7, 2022 | End of offering. Issuer closed its offering with estimated gross proceeds of $329,254. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| March 31, 2022 | Amendment | $10,026 | $1,069,974 | April 7, 2022 | issuer made minor text edits, added revised pitch deck, and revised video to offering page. | sec.gov |
| March 31, 2022 | Amendment | $10,026 | $1,069,974 | April 7, 2022 | the issuer is extending the offering deadline. | sec.gov |
| February 28, 2022 | Amendment | $10,026 | $1,069,974 | April 1, 2022 | the issuer is extending the offering deadline. | sec.gov |
| February 18, 2022 | Amendment | $10,026 | $1,069,974 | March 1, 2022 | wording and language changes were made to multiple sections of the offering page. changed video cover graphic and made a change to the team section. | sec.gov |
| December 1, 2021 | Amendment | $10,026 | $1,069,974 | March 1, 2022 | issuer extended the offering date and added a promissory note. | sec.gov |
| November 8, 2021 | Amendment | $10,026 | $1,069,974 | December 1, 2021 | the issuer has extended the offering date and made minor changes to the use of proceed section. | sec.gov |
| September 21, 2021 | Amendment | $10,026 | $1,069,974 | November 8, 2021 | the issuer made offering statement text edits and updated the pitch deck and video. | sec.gov |
| September 8, 2021 | Offering | $10,026 | $1,069,974 | November 8, 2021 | sec.gov |
Updated May 11, 2022. 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.