Data / Crowdfunding / South Carolina / Procertas LLC
Procertas LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2020)
Procertas LLC, a limited liability company in Mount Pleasant, SC, filed a Form C with the SEC on July 22, 2020 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on January 31, 2021. In its most recent fiscal year it reported $371,192 in revenue and a net loss of $68,371, with 8 employees.
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- Website
- www.procertas.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 3307 REES ROW, Mount Pleasant, SC 29466
- Legal form
- Limited Liability Company
- Jurisdiction
- SC
- Incorporated
- October 10, 2016
- SEC CIK
- 0001799941
Offering terms
From the offering filed July 22, 2020.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- January 31, 2021
- Portal compensation
- The issuer shall pay to the Intermediary at the conclusion of the Offering a fee of six percent (6%) of the amount raised in the offering.
Financials
From the Form C-AR filed April 30, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $371,192 | $202,356 | sec.gov |
| Cost of goods sold | $334,812 | $173,115 | sec.gov |
| Net income | $-68,371 | $-170,895 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $162,574 | $65,617 | sec.gov |
| Cash | $4,537 | $14,867 | sec.gov |
| Accounts receivable | $36,080 | $4,250 | sec.gov |
| Short-term debt | $45,112 | $142,464 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 3, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| February 3, 2021 | Progress update | $25,000 | $1,070,000 | January 31, 2021 | The Offering closed successfully on 02/01/2021, having received investment commitments of $48,637.00 although a final accounting has not taken place. | sec.gov |
| July 22, 2020 | Offering | $25,000 | $1,070,000 | January 31, 2021 | sec.gov |
Updated May 3, 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.