Data / Crowdfunding / Florida / Northstar Technologies Group, Inc.
Northstar Technologies Group, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,069,800 (2022)
Northstar Technologies Group, Inc., a corporation in Bonita Springs, FL, filed a Form C with the SEC on June 3, 2022 to raise $10,000 to $1,069,800 in common stock through NetCapital Funding Portal Inc.. The offering closed on June 10, 2022. In its most recent fiscal year it reported $4,102,639 in revenue and a net loss of $1,971,196, with 40 employees.
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- Website
- www.northstartgi.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 9211 COCKLESHELL CT. SUITE 14, Bonita Springs, FL 34135
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- May 18, 2020
- SEC CIK
- 0001826924
Offering terms
From the amendment filed June 3, 2022.
- Security
- Common Stock
- Price
- $1.50
- Target
- $10,000
- Maximum
- $1,069,800
- Deadline
- June 10, 2022
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-AR filed February 14, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,102,639 | $615,035 | sec.gov |
| Cost of goods sold | $4,126,804 | $570,178 | sec.gov |
| Net income | $-1,971,196 | $-683,701 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $4,449,076 | $2,095,649 | sec.gov |
| Cash | $598,334 | $394,385 | sec.gov |
| Accounts receivable | $241,522 | $47,865 | sec.gov |
| Short-term debt | $184,675 | $142,122 | sec.gov |
| Long-term debt | $416,080 | $217,504 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 14, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| February 14, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| June 23, 2022 | Progress update | $10,000 | $1,069,800 | June 10, 2022 | End of offering. Issuer closed its offering with estimated gross proceeds of $728,994. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| June 3, 2022 | Amendment | $10,000 | $1,069,800 | June 10, 2022 | the issuer moved up the closing date of the offering. | sec.gov |
| May 17, 2022 | Amendment | $10,000 | $1,069,800 | June 30, 2022 | the issuer extended the offering date, removed a board member, and uploaded 2021 financial review. | sec.gov |
| March 30, 2022 | Amendment | $10,000 | $1,069,800 | April 29, 2022 | the issuer is extending the offering deadline. | sec.gov |
| March 1, 2022 | Amendment | $10,000 | $1,069,800 | April 1, 2022 | the issuer has extended the offering deadline. | sec.gov |
| February 2, 2022 | Amendment | $10,000 | $1,069,800 | March 2, 2022 | the issuer is extending the offering deadline. | sec.gov |
| December 1, 2021 | Amendment | $10,000 | $1,069,800 | February 2, 2022 | the issuer is extending the offering deadline. | sec.gov |
| November 1, 2021 | Amendment | $10,000 | $1,069,800 | December 1, 2021 | the issuer is extending the offering deadline. | sec.gov |
| August 31, 2021 | Amendment | $10,000 | $1,069,800 | November 1, 2021 | issuer extended the offering date. | sec.gov |
| August 10, 2021 | Amendment | $10,000 | $1,069,800 | August 31, 2021 | the issuer updated the funding history section of the application. | sec.gov |
| July 27, 2021 | Amendment | $10,000 | $1,069,800 | August 31, 2021 | issuer extended the offering date. | sec.gov |
| June 29, 2021 | Amendment | $10,000 | $1,069,800 | July 30, 2021 | issuer extended the offering date. | sec.gov |
| April 28, 2021 | Amendment | $10,000 | $1,069,800 | June 30, 2021 | the issuer extended the offering date and made minor changes to the offering page. | sec.gov |
| April 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2021 | Amendment | $10,000 | $1,069,800 | April 30, 2021 | issuer updated the key people section of the application as well as recognized rolf s. note as a related party transaction. | sec.gov |
| April 16, 2021 | Amendment | $10,000 | $1,069,800 | April 30, 2021 | issuer updated their offering statement with 12 | sec.gov |
| March 29, 2021 | Amendment | $10,000 | $1,069,800 | April 30, 2021 | issuer extended the offering date. | sec.gov |
| February 25, 2021 | Amendment | $10,000 | $1,069,800 | April 1, 2021 | issuer made minor changes to the offering page and replaced a headshot of paul inglese. | sec.gov |
| February 2, 2021 | Amendment | $10,000 | $1,069,800 | April 1, 2021 | the issuer uploaded a new video and cover image to the offering page. | sec.gov |
| January 26, 2021 | Amendment | $10,000 | $1,069,800 | April 1, 2021 | issuer extended the offering date. | sec.gov |
| December 11, 2020 | Amendment | $10,000 | $1,069,800 | January 29, 2021 | issuer extended the offering date. | sec.gov |
| November 5, 2020 | Amendment | $10,000 | $1,069,800 | December 15, 2020 | typos fixed in the bio and solution sections of the offering page. | sec.gov |
| October 20, 2020 | Amendment | $10,000 | $1,069,800 | December 15, 2020 | issuer made bio (paul inglese) and image updates to the offering page. | sec.gov |
| October 15, 2020 | Offering | $10,000 | $1,069,800 | December 15, 2020 | sec.gov |
Also on SpecStream
Updated February 14, 2025. 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.