Data / Crowdfunding / California / MedFire Innovations Inc.
MedFire Innovations Inc.: crowdfunding raise on MiTec, PBC, $10,000 to $981,900 (2023)
MedFire Innovations Inc., a corporation in San Diego, CA, filed a Form C with the SEC on March 22, 2023 to raise $10,000 to $981,900 in preferred stock through MiTec, PBC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $21,762 in revenue and $0 in net income, with 2 employees.
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- Website
- www.medfire.com
- Funding portal
- MiTec, PBC
- Address
- 2425 CAMINO DEL RIO SOUTH, STE. 125, San Diego, CA 92108
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- June 22, 2016
- SEC CIK
- 0001918617
Offering terms
From the amendment filed March 22, 2023.
- Security
- Preferred Stock
- Price
- $2.00
- Target
- $10,000
- Maximum
- $981,900
- Deadline
- April 30, 2023
- Portal compensation
- 6% of proceeds distributed to the issuer plus third-party background checks and escrow fees.
Financials
From the Form C/A filed March 22, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $21,762 | $187,068 | sec.gov |
| Cost of goods sold | $17,573 | $102,687 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $2,268 | $800 | sec.gov |
| Total assets | $99,984 | $96,275 | sec.gov |
| Cash | $27,408 | $32,059 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $32,998 | $31,443 | sec.gov |
| Long-term debt | $101,762 | $94,289 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 22, 2023 | Amendment | $10,000 | $981,900 | April 30, 2023 | update ownership percentage of founder, bankruptcy information, updates to use of proceeds, updates to medfire team, pitch deck and use of proceeds exhibit, formatting and other minor changes | sec.gov |
| February 8, 2023 | Amendment | $50,000 | $1,000,000 | April 30, 2023 | update ownership percentage of founder, bankruptcy information, updates to use of proceeds, updates to medfire team, pitch deck and use of proceeds exhibit, formatting and other minor changes | sec.gov |
| January 27, 2023 | Offering | $50,000 | $1,000,000 | April 30, 2023 | sec.gov |
Updated March 22, 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.