Data / Crowdfunding / New Jersey / NettyArt Corp
NettyArt Corp: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $1,235,000 (2023)
NettyArt Corp, a corporation in Rutherford, NJ, filed a Form C with the SEC on September 29, 2023 to raise $50,000 to $1,235,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 2, 2024. In its most recent fiscal year it reported $0 in revenue and $0 in net income.
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- Website
- nettyworth.io
- Funding portal
- OpenDeal Portal LLC
- Address
- 40 PARK AVENUE SUITE 301, Rutherford, NJ 07070
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 1, 2022
- SEC CIK
- 0001981540
Offering terms
From the amendment filed September 29, 2023.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- January 2, 2024
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of (A) a fee of seven percent (7%) 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 January 9, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $12,500 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $-1,791 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $76,584 | sec.gov |
| Cash | $0 | $2,000 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $8,676 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 9, 2024 | Progress update | $50,000 | $1,235,000 | January 2, 2024 | The Offering closed successfully on 1/3/2024, having received investment commitments of $80,730.88, although a final accounting has not taken place. | sec.gov |
| September 29, 2023 | Amendment | $50,000 | $1,235,000 | January 2, 2024 | Material changes include, but are not limited to, the offering deadline being extended to January 2, 2024. Cash and Cash Equivalents information has been updated. | sec.gov |
| August 3, 2023 | Offering | $50,000 | $1,235,000 | October 2, 2023 | sec.gov |
Also on SpecStream
Updated January 9, 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.