Data / Crowdfunding / Florida / No-H2O USA INC
No-H2O USA INC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
No-H2O USA INC, a corporation in Fort Lauderdale, FL, filed a Form C with the SEC on February 16, 2021 to raise $10,000 to $1,070,000 in Class B Non-Voting Common Stock through StartEngine Capital, LLC. The offering closed on March 19, 2021. In its most recent fiscal year it reported $906,325 in revenue and a net loss of $750,670, with 4 employees.
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- Website
- www.noh2o.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 719 NE 2nd Avenue, Fort Lauderdale, FL 33304
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- May 19, 2020
- SEC CIK
- 0001818665
Offering terms
From the amendment filed February 16, 2021.
- Security
- Class B Non-Voting Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- March 19, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-AR filed April 27, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $906,325 | $437,812 | sec.gov |
| Cost of goods sold | $803,323 | $160,504 | sec.gov |
| Net income | $-750,670 | $-84,326 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,670,431 | $755,450 | sec.gov |
| Cash | $628,936 | $35,559 | sec.gov |
| Accounts receivable | $562,610 | $493,203 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| June 17, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| May 3, 2021 | Progress update | $10,000 | $1,070,000 | March 19, 2021 | At the close of the offering, the issuer closed on $127,974.00 and 140,572 number of securities. | sec.gov |
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| March 23, 2021 | Progress update | $10,000 | $1,070,000 | March 19, 2021 | At the close of the offering, the issuer closed on $127,974.00 and 140,572 number of securities. | sec.gov |
| February 16, 2021 | Amendment | $10,000 | $1,070,000 | March 19, 2021 | Issuer is extending the campaign for 30 days. | sec.gov |
| January 15, 2021 | Amendment | $10,000 | $1,070,000 | February 17, 2021 | Issuer is extending the campaign for 30 days. | sec.gov |
| October 29, 2020 | Amendment | $10,000 | $1,070,000 | January 18, 2021 | Issuer added a new perk and extended the campaign for 60 days. | sec.gov |
| August 21, 2020 | Offering | $10,000 | $1,070,000 | November 19, 2020 | sec.gov |
Updated April 27, 2022. 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.