Data / Crowdfunding / Texas / Petzey Technology, Inc.
Petzey Technology, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,069,999 (2022)
Petzey Technology, Inc., a corporation in Mckinney, TX, filed a Form C with the SEC on September 28, 2022 to raise $10,000 to $1,069,999 in common stock through NetCapital Funding Portal Inc.. The offering closed on November 30, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,028,699, with 5 employees.
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- Website
- petzey.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 550 N Central Expressway #726, Mckinney, TX 75070
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 6, 2017
- SEC CIK
- 0001769040
Offering terms
From the amendment filed September 28, 2022.
- Security
- Common Stock
- Price
- $0.62
- Target
- $10,000
- Maximum
- $1,069,999
- Deadline
- November 30, 2022
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000
Financials
From the Form C-U filed January 12, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,028,699 | $-1,569,712 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $177,989 | $229,042 | sec.gov |
| Cash | $177,417 | $217,418 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $113,360 | $83,330 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 12, 2023 | Progress update | $10,000 | $1,069,999 | November 30, 2022 | End of offering. Issuer closed its offering with estimated gross proceeds of $32,709. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| September 28, 2022 | Amendment | $10,000 | $1,069,999 | November 30, 2022 | the issuer extended the offering deadline. | sec.gov |
| July 28, 2022 | Amendment | $10,000 | $1,069,999 | September 29, 2022 | the issuer has extended the offering deadline. | sec.gov |
| May 31, 2022 | Amendment | $10,000 | $1,069,999 | July 29, 2022 | the issuer extended the offering deadline. | sec.gov |
| April 1, 2022 | Amendment | $10,000 | $1,069,999 | May 30, 2022 | updated cover image on offering page. | sec.gov |
| March 29, 2022 | Offering | $10,000 | $1,069,999 | May 30, 2022 | sec.gov |
Updated January 12, 2023. 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.