Data / Crowdfunding / California / Ondello, Inc.
Ondello, Inc.: crowdfunding raise on SI Securities, LLC, $100,000 to $1,000,000 (2017)
Ondello, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on July 11, 2017 to raise $100,000 to $1,000,000 in preferred stock through SI Securities, LLC. The offering closed on July 12, 2017. In its most recent fiscal year it reported $1,412,783 in revenue and a net loss of $4,788,887, with 26 employees.
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- Website
- www.hellomd.com
- Funding portal
- SI Securities, LLC
- Address
- 101 CALIFORNIA STREET SUITE 2710, San Francisco, CA 10022
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 22, 2013
- SEC CIK
- 0001702939
Offering terms
From the amendment filed July 11, 2017.
- Security
- Preferred Stock
- Price
- $1.05
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- July 12, 2017
- Portal compensation
- 7.5%
Financials
From the Form C-AR filed May 1, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,412,783 | $2,858,449 | sec.gov |
| Cost of goods sold | $1,735,831 | $1,626,572 | sec.gov |
| Net income | $-4,788,887 | $-1,749,458 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,644,303 | $3,962,956 | sec.gov |
| Cash | $1,408,494 | $3,728,802 | sec.gov |
| Accounts receivable | $5,918 | $7,000 | sec.gov |
| Short-term debt | $116,107 | $1,148,386 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| August 2, 2017 | Progress update | $100,000 | $1,000,000 | July 12, 2017 | The issuer raised $1,070,000 during the offering period. | sec.gov |
| July 11, 2017 | Amendment | $100,000 | $1,000,000 | July 12, 2017 | The form C was amended to Increase the Maximum offering amount from $1,000,000 to $1,070,000; The campaign was closed on July 03, 2017. | sec.gov |
| May 2, 2017 | Amendment | $100,000 | $1,000,000 | July 3, 2017 | Replacing previously filed compiled financial statements with reviewed financial statements, updating financial information based on said statements and correcting errors in target number of securities, indebtedness, employee count and signatory title. | sec.gov |
| April 6, 2017 | Offering | $100,000 | $1,000,000 | July 3, 2017 | sec.gov |
Updated May 1, 2019. 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.