Data / Crowdfunding / Texas / Optiphase Drive Systems, Inc.
Optiphase Drive Systems, Inc.: crowdfunding raise on StartEngine Primary, LLC, $15,000 to $450,000 (2024)
Optiphase Drive Systems, Inc., a corporation in Southlake, TX, filed a Form C with the SEC on October 16, 2024 to raise $15,000 to $450,000 in Class B Common Non-Voting through StartEngine Primary, LLC. The offering closed on December 16, 2024. In its most recent fiscal year it reported $0 in revenue and a net loss of $83,624, with 10 employees.
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- Website
- optiphasedrive.com
- Funding portal
- StartEngine Primary, LLC
- Address
- 550 RESERVE ST #190, Southlake, TX 76092
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 5, 2018
- SEC CIK
- 0002036022
Offering terms
From the amendment filed October 16, 2024.
- Security
- Class B Common Non-Voting
- Price
- $3.00
- Target
- $15,000
- Maximum
- $450,000
- Deadline
- December 16, 2024
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed February 5, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-83,624 | $-175,974 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $8,369 | $25,669 | sec.gov |
| Cash | $0 | $15,059 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $4,411 | $3,803 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 5, 2025 | Progress update | $15,000 | $450,000 | December 16, 2024 | The issuer closed on $0 and no securities. | sec.gov |
| October 16, 2024 | Amendment | $15,000 | $450,000 | December 16, 2024 | Issuer is updating their transcript. | sec.gov |
| September 16, 2024 | Offering | $15,000 | $450,000 | December 16, 2024 | sec.gov |
Updated February 5, 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.