Data / Crowdfunding / Florida / Li3 Group, Inc.
Li3 Group, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,235,000 (2024)
Li3 Group, Inc., a corporation in Boca Raton, FL, filed a Form C with the SEC on October 11, 2024 to raise $10,000 to $1,235,000 in common stock through NetCapital Funding Portal Inc.. The offering closed on December 31, 2024. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,450,182, with 3 employees.
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- Website
- www.Li3Group.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 6382 NW 23rd Street, Boca Raton, FL 33434
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- May 25, 2022
- SEC CIK
- 0001931834
Offering terms
From the amendment filed October 11, 2024.
- Security
- Common Stock
- Price
- $2.00
- Target
- $10,000
- Maximum
- $1,235,000
- Deadline
- December 31, 2024
- 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-U filed February 21, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,450,182 | $-421,860 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $63,655 | $31,887 | sec.gov |
| Cash | $58,323 | $25,571 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $305,985 | $3,438 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 21, 2025 | Progress update | $10,000 | $1,235,000 | December 31, 2024 | End of offering. Issuer closed its offering with estimated gross proceeds of $52,310. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| October 11, 2024 | Amendment | $10,000 | $1,235,000 | December 31, 2024 | issuer extended the offering deadline. | sec.gov |
| July 25, 2024 | Amendment | $10,000 | $1,235,000 | October 15, 2024 | issuer extended the offering deadline. | sec.gov |
| June 4, 2024 | Amendment | $10,000 | $1,235,000 | July 26, 2024 | issuer extended the offering deadline and updated the offering statement to include 2023 financial information. | sec.gov |
| May 15, 2024 | Amendment | $10,000 | $1,235,000 | July 26, 2024 | issuer extended the offering deadline. | sec.gov |
| April 30, 2024 | Amendment | $10,000 | $1,235,000 | May 15, 2024 | the issuer extended the offering deadline. | sec.gov |
| March 28, 2024 | Amendment | $10,000 | $1,235,000 | April 26, 2024 | issuer extended the offering | sec.gov |
| March 28, 2024 | Amendment | $10,000 | $1,235,000 | April 26, 2024 | issuer extended the offering | sec.gov |
| January 16, 2024 | Amendment | $10,000 | $1,235,000 | March 29, 2024 | issuer extended the offering deadline. | sec.gov |
| November 9, 2023 | Amendment | $10,000 | $1,235,000 | January 19, 2024 | issuer made edits to business model and success to date sections. | sec.gov |
| November 2, 2023 | Offering | $10,000 | $1,235,000 | January 19, 2024 | sec.gov |
Updated February 21, 2025. 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.