Data / Crowdfunding / California / Private Health Management, Inc.
Private Health Management, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2019)
Private Health Management, Inc., a corporation in Los Angeles, CA, filed a Form C with the SEC on November 21, 2019 to raise $25,000 to $1,070,000 in preferred stock through SI SECURITIES, LLC. The offering closed on January 24, 2020. In its most recent fiscal year it reported $6,573,254 in revenue and $610,882 in net income, with 41 employees.
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- Website
- www.privatehealth.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 9200 SUNSET BLVD., SUITE 110, Los Angeles, CA 90069
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- March 9, 2007
- SEC CIK
- 0001496634
Offering terms
From the amendment filed November 21, 2019.
- Security
- Preferred Stock
- Price
- $1.32
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- January 24, 2020
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C/A filed November 21, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $6,573,254 | $5,912,985 | sec.gov |
| Cost of goods sold | $4,083,289 | $4,515,552 | sec.gov |
| Net income | $610,882 | $-339,266 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $905,163 | $560,260 | sec.gov |
| Cash | $259,405 | $104,405 | sec.gov |
| Accounts receivable | $330,689 | $202,151 | sec.gov |
| Short-term debt | $5,396,158 | $5,492,054 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 21, 2019 | Amendment | $25,000 | $1,070,000 | January 24, 2020 | Extending the end date from Decemberr 20, 2019 to January 24, 2020. Decreasing the Closing Amount from $2,000,000 to $1,000,000. Decreasing the Combined Offering Maximum Amount from $6,000,000 to $4,000,000 and adjusting the use of proceeds accordingly. | sec.gov |
| October 16, 2019 | Amendment | $25,000 | $1,070,000 | December 20, 2019 | Extending the end date from November 22, 2019 to December 20, 2019. | sec.gov |
| September 27, 2019 | Amendment | $25,000 | $1,070,000 | November 22, 2019 | Add reviewed financials. Increase Maximum Offering Amount to $1,070,000. Extend deadline to reach the target offering amount to November 22, 2019. | sec.gov |
| August 7, 2019 | Offering | $25,000 | $107,000 | October 11, 2019 | sec.gov |
Updated November 21, 2019. 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.