Data / Crowdfunding / North Carolina / Otto Connect, Inc.
Otto Connect, Inc.: crowdfunding raise on LOCALSTAKE MARKETPLACE LLC, $15,000 to $250,000 (2020)
Otto Connect, Inc., a corporation in Raleigh, NC, filed a Form C with the SEC on November 2, 2020 to raise $15,000 to $250,000 in common stock through LOCALSTAKE MARKETPLACE LLC. The offering closed on October 31, 2021. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 5 employees.
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- Website
- www.ottoconnect.us
- Funding portal
- LOCALSTAKE MARKETPLACE LLC
- Address
- 9107 MARIA LUISA PL, Raleigh, NC 27617
- Legal form
- Corporation
- Jurisdiction
- NC
- Incorporated
- August 21, 2020
- SEC CIK
- 0001830570
Offering terms
From the offering filed November 2, 2020.
- Security
- Common Stock
- Price
- $1.25
- Target
- $15,000
- Maximum
- $250,000
- Deadline
- October 31, 2021
- Portal compensation
- 5% of funds raised plus $1,000 offering preparation fee
Financials
From the Form C filed November 2, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | 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 29, 2021 | Progress update | Not listed | Not listed | Offering completed, $42,000 raised. | sec.gov | |
| November 2, 2020 | Offering | $15,000 | $250,000 | October 31, 2021 | sec.gov |
Updated March 29, 2021. 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.