Data / Crowdfunding / Florida / NPCX, Inc.
NPCX, Inc.: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $618,000 (2024)
NPCX, Inc., a corporation in St. Petersburg, FL, filed a Form C with the SEC on October 25, 2024 to raise $50,000 to $618,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 14, 2025. In its most recent fiscal year it reported $92,733 in revenue and a net loss of $915,331.
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
- Npcx.ai
- Funding portal
- OpenDeal Portal LLC
- Address
- 7901 4TH STREET N 300, St. Petersburg, FL 33702
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- June 14, 2021
- SEC CIK
- 0001846988
Offering terms
From the amendment filed October 25, 2024.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $618,000
- Deadline
- January 14, 2025
- Portal compensation
- (A) a cash fee of fifteen thousand dollars ($15,000.00) or (B) the amount determined pursuant to the following schedule: (1) 0.0% of any amounts raised up to $100,000.00, see Form CA for more detail
Financials
From the Form C-U filed December 20, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $92,733 | $25,806 | sec.gov |
| Cost of goods sold | $20,399 | $25,670 | sec.gov |
| Net income | $-915,331 | $-400,810 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $790,759 | $235,410 | sec.gov |
| Cash | $760,458 | $98,257 | sec.gov |
| Accounts receivable | $1,569 | $0 | sec.gov |
| Short-term debt | $26,389 | $55,709 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 20, 2024 | Progress update | $50,000 | $618,000 | January 14, 2025 | The Offering closed successfully on 12/14/2024, having received investment commitments of $86,992, although a final accounting has not taken place. | sec.gov |
| October 25, 2024 | Amendment | $50,000 | $618,000 | January 14, 2025 | This amendment is filed to (i) extend the Offering Deadline to January 14, 2025; and (ii) update the FINANCIAL INFORMATION section (as to cash balance and runway). | sec.gov |
| July 25, 2024 | Offering | $50,000 | $618,000 | October 30, 2024 | sec.gov | |
| April 28, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| December 5, 2022 | Progress update | $25,000 | $1,070,000 | December 31, 2022 | The Offering closed successfully on 11/30/2022, having received investment commitments of $546,358.10, although a final accounting has not taken place. | sec.gov |
| October 14, 2022 | Amendment | $25,000 | $1,070,000 | December 31, 2022 | This material amendment is filed to extend the Offering Deadline to December 31, 2022 and to update the Cash and Cash Equivalents subsection in Financial Information. | sec.gov |
| July 20, 2022 | Amendment | $25,000 | $1,070,000 | October 31, 2022 | This material amendment is filed to extend the Offering Deadline to October 31, 2022. | sec.gov |
| April 27, 2022 | Amendment | $25,000 | $1,070,000 | July 30, 2022 | This Amendment is filed to correct a scrivener's error and update the deadline in the html webform. | sec.gov |
| April 20, 2022 | Amendment | $25,000 | $1,070,000 | April 30, 2022 | This Amendment is filed to (i) note the change in escrow agent, (ii) extend offering deadline, (iii) provide updated financial statements, and (iv) update the capitalization, ownership and previous offering sections | sec.gov |
| March 3, 2022 | Offering | $25,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated December 20, 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.