Data / Crowdfunding / California / Melior AI, Inc.
Melior AI, Inc.: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $1,235,000 (2024)
Melior AI, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on July 15, 2024 to raise $50,000 to $1,235,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on November 5, 2024. In its most recent fiscal year it reported $0 in revenue and a net loss of $742,812.
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- Website
- www.melior.ai
- Funding portal
- OpenDeal Portal LLC
- Address
- 48, 2ND STREET 4TH FLOOR, San Francisco, CA 94105
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 30, 2017
- SEC CIK
- 0002024294
Offering terms
From the offering filed July 15, 2024.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- November 5, 2024
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of (A) a fee of seven percent (7%) of the dollar amount raised (subject to specified exceptions for investors over $50,000, in which case the fee is 2% or (B) cash fee 12k
Financials
From the Form C-U filed November 12, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $28,263 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-742,812 | $-283,213 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $46,862 | $664,673 | sec.gov |
| Cash | $26,862 | $644,637 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $291,119 | $123,110 | sec.gov |
| Long-term debt | $10,736 | $27,209 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 12, 2024 | Progress update | $50,000 | $1,235,000 | November 5, 2024 | The offering closed successfully on 11/6/2024, having received investment commitments of $52,931, although a final accounting has not taken place. | sec.gov |
| July 15, 2024 | Offering | $50,000 | $1,235,000 | November 5, 2024 | sec.gov |
Updated November 12, 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.