Data / Crowdfunding / New York / ORTEK THERAPEUTICS INC
ORTEK THERAPEUTICS INC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2022)
ORTEK THERAPEUTICS INC, a corporation in Roslyn Heights, NY, filed a Form C with the SEC on August 5, 2022 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on September 6, 2022. In its most recent fiscal year it reported $466,824 in revenue and a net loss of $594,439, with 2 employees.
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- Website
- ortekinc.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 4 EXPRESSWAY PLAZA, SUITE 206, Roslyn Heights, NY 11577
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 20, 1998
- SEC CIK
- 0001070105
Offering terms
From the amendment filed August 5, 2022.
- Security
- Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- September 6, 2022
- Portal compensation
- 9 percent
Financials
From the Form C-AR filed March 29, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $466,824 | $445,252 | sec.gov |
| Cost of goods sold | $169,880 | $112,341 | sec.gov |
| Net income | $-594,439 | $-614,548 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $885,240 | $1,406,235 | sec.gov |
| Cash | $462,038 | $981,561 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 22, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 29, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 8, 2022 | Progress update | $10,000 | $1,070,000 | September 6, 2022 | At the close of the offering, the issuer closed on $62,592.67 and 72,165 number of securities. | sec.gov |
| August 5, 2022 | Amendment | $10,000 | $1,070,000 | September 6, 2022 | Issuer is extending campaign end date. | sec.gov |
| May 10, 2022 | Offering | $10,000 | $1,070,000 | August 8, 2022 | sec.gov |
Updated March 22, 2024. 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.