Data / Crowdfunding / California / NDB Inc.
NDB Inc.: crowdfunding raise on PicMii Crowdfunding LLC, $10,000 to $5,000,000 (2023)
NDB Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on February 24, 2023 to raise $10,000 to $5,000,000 in preferred stock through PicMii Crowdfunding LLC. The offering closed on June 30, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $619,065, with 17 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- ndb.technology
- Funding portal
- PicMii Crowdfunding LLC
- Address
- 50 CALIFORNIA STREET SUITE 1500, San Francisco, CA 94111
- Legal form
- Corporation
- Jurisdiction
- WY
- Incorporated
- February 4, 2019
- SEC CIK
- 0001787068
Offering terms
From the offering filed February 24, 2023.
- Security
- Preferred Stock
- Price
- $6.25
- Target
- $10,000
- Maximum
- $5,000,000
- Deadline
- June 30, 2023
- Portal compensation
- Issuer to pay intermediary a $1,250 upfront fee. Issuer will pay 6.5% of the funds raised from $0-$1,000,000 and 1.5% of the funds raised from $1,000,001-$5,000,000.
Financials
From the Form C-U filed May 5, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-619,065 | $-420,414 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $328,076 | $655,390 | sec.gov |
| Cash | $4,441 | $646,390 | sec.gov |
| Accounts receivable | $25,178 | $0 | sec.gov |
| Short-term debt | $49,579 | $13,872 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 5, 2023 | Progress update | $10,000 | $5,000,000 | June 30, 2023 | NDB Inc. has received $231,962.50 through their regulation crowdfunding round as of this filing. They have hit their target funding goal. | sec.gov |
| February 24, 2023 | Offering | $10,000 | $5,000,000 | June 30, 2023 | sec.gov |
Also on SpecStream
Updated May 5, 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.