Data / Crowdfunding / Pennsylvania / Motologiq, Inc.
Motologiq, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,234,999 (2023)
Motologiq, Inc., a corporation in Horsham, PA, filed a Form C with the SEC on June 21, 2023 to raise $10,000 to $1,234,999 in common stock through NetCapital Funding Portal Inc.. The offering closed on June 28, 2023. In its most recent fiscal year it reported $5,545 in revenue and a net loss of $1,259,413, with 13 employees.
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- Website
- www.motobyo.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 601 Dresher Road Suite 300, Horsham, PA 19044
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 10, 2019
- SEC CIK
- 0001926765
Offering terms
From the amendment filed June 21, 2023.
- Security
- Common Stock
- Price
- $0.56
- Target
- $10,000
- Maximum
- $1,234,999
- Deadline
- June 28, 2023
- 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/A filed June 21, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,545 | $0 | sec.gov |
| Cost of goods sold | $7,662 | $0 | sec.gov |
| Net income | $-1,259,413 | $-57,240 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $6,677,610 | $5,261,291 | sec.gov |
| Cash | $582,887 | $30,330 | sec.gov |
| Accounts receivable | $1,250 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 21, 2023 | Amendment | $10,000 | $1,234,999 | June 28, 2023 | the issuer changed the offering deadline. | sec.gov |
| April 24, 2023 | Amendment | $10,000 | $1,234,999 | June 30, 2023 | the issuer replaced language in the introduction section of the offering page. | sec.gov |
| April 21, 2023 | Amendment | $10,000 | $1,234,999 | June 30, 2023 | the issuer updated an image on the offering page. | sec.gov |
| April 17, 2023 | Offering | $10,000 | $1,234,999 | June 30, 2023 | sec.gov |
Updated June 21, 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.