Data / Crowdfunding / California / OhmniLabs, Inc.
OhmniLabs, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,235,000 (2023)
OhmniLabs, Inc., a corporation in San Jose, CA, filed a Form C with the SEC on March 22, 2023 to raise $25,000 to $1,235,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 28, 2023. In its most recent fiscal year it reported $3,219,714 in revenue and a net loss of $2,991,673, with 37 employees.
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- Website
- ohmnilabs.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 2367 BERING DR., San Jose, CA 95131
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 19, 2015
- SEC CIK
- 0001864861
Offering terms
From the offering filed March 22, 2023.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- April 28, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-U filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,219,714 | $3,556,498 | sec.gov |
| Cost of goods sold | $1,557,845 | $2,962,022 | sec.gov |
| Net income | $-2,991,673 | $-2,990,590 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,973,607 | $4,004,953 | sec.gov |
| Cash | $965,875 | $2,770,810 | sec.gov |
| Accounts receivable | $59,250 | $74,006 | sec.gov |
| Short-term debt | $2,429,935 | $2,469,607 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 24, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Progress update | $25,000 | $1,235,000 | April 28, 2023 | The Offering closed successfully on 4/29/2023, having received investment commitments of $358,269, although a final accounting has not taken place. | sec.gov |
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 22, 2023 | Offering | $25,000 | $1,235,000 | April 28, 2023 | sec.gov |
Updated May 24, 2023. 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.