Data / Crowdfunding / New York / NODE40 Inc.
NODE40 Inc.: crowdfunding raise on NEXTSEED SECURITIES, LLC, $200,000 to $750,000 (2021)
NODE40 Inc., a corporation in Albany, NY, filed a Form C with the SEC on February 4, 2021 to raise $200,000 to $750,000 in NextSeed SAFE through NEXTSEED SECURITIES, LLC. The offering closed on May 31, 2021. In its most recent fiscal year it reported $10,529 in revenue and a net loss of $1,253,717, with 7 employees.
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- Website
- www.node40.com
- Funding portal
- NEXTSEED SECURITIES, LLC
- Address
- 431 DELAWARE AVE., Albany, NY 12209
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 5, 2020
- SEC CIK
- 0001827389
Offering terms
From the offering filed February 4, 2021.
- Security
- NextSeed SAFE
- Price
- $1.00
- Target
- $200,000
- Maximum
- $750,000
- Deadline
- May 31, 2021
- Portal compensation
- 7% of the total Offering Amount, provided only 5% is charged on investors introduced by the Issuer.
Financials
From the Form C-U filed September 27, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $10,529 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,253,717 | $-226,972 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $104,457 | $89,575 | sec.gov |
| Cash | $60,958 | $19,060 | sec.gov |
| Accounts receivable | $-16,824 | $2,236 | sec.gov |
| Short-term debt | $43,773 | $65,524 | sec.gov |
| Long-term debt | $500,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 27, 2021 | Progress update | $200,000 | $750,000 | May 31, 2021 | The Offering closed successfully on April 2, 2021, having received investment commitments of $273,800. The previous filed Form C-U incorrectly stated the year 2020 instead of 2021. | sec.gov |
| September 27, 2021 | Withdrawal | Not listed | Not listed | sec.gov | ||
| April 21, 2021 | Progress update | $200,000 | $750,000 | May 31, 2021 | The Offering closed successfully on April 2, 2020, having received investment commitments of $274,100, although a final accounting has not taken place. | sec.gov |
| February 4, 2021 | Offering | $200,000 | $750,000 | May 31, 2021 | sec.gov |
Updated September 27, 2021. 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.