Data / Crowdfunding / New York / Modular Streetscape Systems Inc.
Modular Streetscape Systems Inc.: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $618,000 (2024)
Modular Streetscape Systems Inc., a corporation in Brooklyn, NY, filed a Form C with the SEC on January 9, 2024 to raise $50,000 to $618,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 26, 2024. In its most recent fiscal year it reported $186,850 in revenue and a net loss of $830,688, with 2 employees.
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- Website
- www.ooneepod.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 1150 PACIFIC STREET, Brooklyn, NY 11216
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 1, 2017
- SEC CIK
- 0001864224
Offering terms
From the offering filed January 9, 2024.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $618,000
- Deadline
- April 26, 2024
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of (A) a fee of six percent (6%) of the dollar amount raised in the Offering or (B) a cash fee of twelve thousand dollars ($12,000.00).
Financials
From the Form C-U filed May 3, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $186,850 | $218,500 | sec.gov |
| Cost of goods sold | $122,438 | $131,805 | sec.gov |
| Net income | $-830,688 | $-197,042 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,396,951 | $477,782 | sec.gov |
| Cash | $403,147 | $87,341 | sec.gov |
| Accounts receivable | $8,280 | $58,029 | sec.gov |
| Short-term debt | $259,462 | $42,770 | sec.gov |
| Long-term debt | $1,416,849 | $370,303 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 8, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 3, 2024 | Progress update | $50,000 | $618,000 | April 26, 2024 | The Offering closed successfully on 4/27/2024, having received investment commitments of $146,519.49, although a final accounting has not taken place. | sec.gov |
| April 29, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| January 9, 2024 | Offering | $50,000 | $618,000 | April 26, 2024 | sec.gov | |
| April 25, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 25, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 21, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 14, 2022 | Progress update | $25,000 | $1,070,000 | March 12, 2022 | The Offering closed successfully on 3/14/2022 having received investment commitments of $1,069,771.00, although a final accounting has not taken place. | sec.gov |
| November 30, 2021 | Offering | $25,000 | $1,070,000 | March 12, 2022 | sec.gov |
Also on SpecStream
Updated May 8, 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.