Data / Crowdfunding / New York / Momento Labs, Inc.
Momento Labs, Inc.: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,234,999 (2023)
Momento Labs, Inc., a corporation in New York, NY, filed a Form C with the SEC on August 23, 2023 to raise $15,000 to $1,234,999 in common stock through StartEngine Capital, LLC. The offering closed on November 22, 2023. In its most recent fiscal year it reported $154,892 in revenue and a net loss of $3,572,397, with 11 employees.
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- Website
- momentoai.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1412 BROADWAY, New York, NY 10018
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 21, 2021
- SEC CIK
- 0001990202
Offering terms
From the offering filed August 23, 2023.
- Security
- Common Stock
- Price
- $2.40
- Target
- $15,000
- Maximum
- $1,234,999
- Deadline
- November 22, 2023
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed December 13, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $154,892 | $0 | sec.gov |
| Cost of goods sold | $196,321 | $0 | sec.gov |
| Net income | $-3,572,397 | $-227,870 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $796,530 | $310,877 | sec.gov |
| Cash | $591,371 | $310,721 | sec.gov |
| Accounts receivable | $12,688 | $0 | sec.gov |
| Short-term debt | $25,747 | $0 | sec.gov |
| Long-term debt | $0 | $538,667 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 13, 2023 | Progress update | $15,000 | $1,234,999 | November 22, 2023 | At the close of the offering, the issuer closed on $145,260.3 and 65,605 number of securities. | sec.gov |
| August 23, 2023 | Offering | $15,000 | $1,234,999 | November 22, 2023 | sec.gov |
Updated December 13, 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.