Data / Crowdfunding / Nevada / NXT Water, Inc
NXT Water, Inc: crowdfunding raise on Wefunder Portal LLC, $75,000 to $1,000,000 (2021)
NXT Water, Inc, a corporation in Las Vegas, NV, filed a Form C with the SEC on December 14, 2021 to raise $75,000 to $1,000,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $21,099 in revenue and a net loss of $637,224, with 4 employees.
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- Website
- www.akesowater.com
- Funding portal
- Wefunder Portal LLC
- Address
- 304 South Jones Blvd - Suite 4234, Las Vegas, NV 89107
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 24, 2018
- SEC CIK
- 0001879292
Offering terms
From the offering filed December 14, 2021.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $75,000
- Maximum
- $1,000,000
- Deadline
- April 30, 2022
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed December 14, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $21,099 | $26,189 | sec.gov |
| Cost of goods sold | $8,171 | $58,722 | sec.gov |
| Net income | $-637,224 | $-317,501 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $98,213 | $2,827 | sec.gov |
| Cash | $21,724 | $921 | sec.gov |
| Accounts receivable | $13,942 | $1,906 | sec.gov |
| Short-term debt | $357,129 | $204,519 | sec.gov |
| Long-term debt | $877,900 | $297,900 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 14, 2021 | Offering | $75,000 | $1,000,000 | April 30, 2022 | sec.gov |
Updated December 14, 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.