Data / Crowdfunding / Alaska / Prismatext Inc.
Prismatext Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,235,000 (2022)
Prismatext Inc., a corporation in Anchorage, AK, filed a Form C with the SEC on November 29, 2022 to raise $25,000 to $1,235,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on February 27, 2023. In its most recent fiscal year it reported $179,383 in revenue and a net loss of $295,464.
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- Website
- prismatext.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 911 WEST 8TH AVENUE SUITE 101 #14, Anchorage, AK 99501
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 17, 2020
- SEC CIK
- 0001956028
Offering terms
From the offering filed November 29, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,235,000
- Deadline
- February 27, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 26, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $179,383 | $45,665 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-295,464 | $-83,323 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $114,944 | $7,490 | sec.gov |
| Cash | $97,884 | $7,490 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $7,806 | $26,761 | sec.gov |
| Long-term debt | $12,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 26, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 26, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 6, 2023 | Progress update | $25,000 | $1,235,000 | February 27, 2023 | The Offering closed successfully on 2/28/2023, having received investment commitments of $58,201, although a final accounting has not taken place. | sec.gov |
| November 29, 2022 | Offering | $25,000 | $1,235,000 | February 27, 2023 | sec.gov |
Updated April 26, 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.