Data / Crowdfunding / California / Orange Comet Inc.
Orange Comet Inc.: crowdfunding raise on DEALMAKER SECURITIES LLC, $4,998 to $4,999,995 (2024)
Orange Comet Inc., a corporation in Burbank, CA, filed a Form C with the SEC on August 12, 2024 to raise $4,998 to $4,999,995 in common stock through DEALMAKER SECURITIES LLC. The offering closed on August 7, 2025. In its most recent fiscal year it reported $10,000 in revenue and a net loss of $28,248,000, with 10 employees.
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
- www.orangecomet.com
- Funding portal
- DEALMAKER SECURITIES LLC
- Address
- 4100 W ALAMEDA AVE., SUITE 203 SUITE 1600, Burbank, CA 91505
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 14, 2022
- SEC CIK
- 0001966517
Offering terms
From the offering filed August 12, 2024.
- Security
- Common Stock
- Price
- $7.00
- Target
- $4,998
- Maximum
- $4,999,995
- Deadline
- August 7, 2025
- Portal compensation
- $47,500 onboarding fee + 8.5% of raise amount + $2,000 monthly + $10,000 monthly for marketing
Financials
From the Form C-AR filed December 4, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $10,000 | $367,000 | sec.gov |
| Cost of goods sold | $2,194,000 | $1,071,000 | sec.gov |
| Net income | $-28,248,000 | $-20,293,000 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $14,052,000 | $23,570,000 | sec.gov |
| Cash | $388,000 | $7,333,000 | sec.gov |
| Accounts receivable | $20,000 | $0 | sec.gov |
| Short-term debt | $8,751,000 | $4,851,000 | sec.gov |
| Long-term debt | $1,500,000 | $1,500,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 4, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| December 4, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| December 18, 2024 | Progress update | $4,998 | $5,000,000 | August 7, 2025 | The issuer closed the offering and raised $2,087,134.00 from 93 investors. | sec.gov |
| August 12, 2024 | Offering | $4,998 | $4,999,995 | August 7, 2025 | sec.gov |
Also on SpecStream
Updated December 4, 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.