Data / Crowdfunding / California / NanoVMs, Inc.
NanoVMs, Inc.: crowdfunding raise on DealMaker Securities LLC, $10,000 to $4,624,000 (2022)
NanoVMs, Inc., a corporation in Oakland, CA, filed a Form C with the SEC on May 16, 2022 to raise $10,000 to $4,624,000 in Units of Crowd SAFE (Simple Agreement for Future Equity) through DealMaker Securities LLC. The offering closed on May 1, 2023. In its most recent fiscal year it reported $368,368 in revenue and a net loss of $60,037, with 3 employees.
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- Website
- nanovms.com
- Funding portal
- DealMaker Securities LLC
- Address
- 1423 Broadway #138, Oakland, CA 94612
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 5, 2015
- SEC CIK
- 0001805056
Offering terms
From the amendment filed May 16, 2022.
- Security
- Units of Crowd SAFE (Simple Agreement for Future Equity)
- Target
- $10,000
- Maximum
- $4,624,000
- Deadline
- May 1, 2023
- Portal compensation
- 3.0% of the amount raised
Financials
From the Form C-AR filed February 27, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $368,368 | $196,435 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-60,037 | $-806,699 | sec.gov |
| Taxes paid | $800 | $1,400 | sec.gov |
| Total assets | $48,162 | $8,719 | sec.gov |
| Cash | $29,040 | $744 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $1,010,555 | $959,582 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 27, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| February 27, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 20, 2023 | Progress update | $10,000 | $4,624,000 | May 22, 2022 | The issuer raised approximately $230,648.0 during the offering period. Payments are still being processed; the exact amount has yet to be determined. The issuer had raised 50% of the target offering by 05/14/22 and 100% by 05/19/22. | sec.gov |
| March 15, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 16, 2022 | Amendment | $10,000 | $4,624,000 | May 1, 2023 | This Form C/A corrects a typo on page 2 showing an incorrect date for the deadline to reach target/minimum offering amount. | sec.gov |
| May 13, 2022 | Offering | $10,000 | $4,624,000 | May 22, 2022 | sec.gov | |
| April 19, 2022 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 6, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 4, 2022 | Progress update | $10,000 | $4,031,600 | March 24, 2022 | At the close of the offering, the issuer closed on $320,438.81. | sec.gov |
| April 4, 2022 | Withdrawal | Not listed | Not listed | sec.gov | ||
| March 29, 2022 | Progress update | $10,000 | $4,031,600 | March 24, 2022 | At the close of the offering, the issuer closed on $320,438.81and 309,602.73 number of securities. | sec.gov |
| February 16, 2022 | Amendment | $10,000 | $4,031,600 | March 24, 2022 | Issuer is extending campaign, disclosing outside investment, and adding disclosures for insider investment | sec.gov |
| January 7, 2022 | Amendment | $10,000 | $4,031,600 | February 16, 2022 | Issuer is adding new outside investment | sec.gov |
| December 16, 2021 | Amendment | $10,000 | $1,070,000 | February 16, 2022 | Issuer is extending campaign for 60 days | sec.gov |
| September 17, 2021 | Amendment | $10,000 | $1,070,000 | December 18, 2021 | Issuer is extending campaign for 90 days | sec.gov |
| March 24, 2021 | Offering | $10,000 | $1,070,000 | September 19, 2021 | sec.gov | |
| February 3, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| August 17, 2020 | Progress update | $25,000 | $1,070,000 | August 15, 2020 | The Offering closed successfully on 8/16/2020, having received investment commitments of $958,891, although a final accounting has not taken place." | sec.gov |
| June 17, 2020 | Amendment | $25,000 | $1,070,000 | August 15, 2020 | The Company is filing this form C/A to provide information regarding the terms of new loans extended to the Company. | sec.gov |
| April 23, 2020 | Offering | $25,000 | $1,070,000 | August 15, 2020 | sec.gov |
Updated February 27, 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.