Data / Crowdfunding / Rhode Island / Q Med Innovations, Inc.
Q Med Innovations, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $1,200,000 (2023)
Q Med Innovations, Inc., a corporation in Middletown, RI, filed a Form C with the SEC on September 6, 2023 to raise $10,000 to $1,200,000 in common stock through NetCapital Funding Portal Inc.. The offering closed on November 17, 2023. In its most recent fiscal year it reported $57,278 in revenue and a net loss of $3,117,138, with 8 employees.
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- Website
- qmedinnovations.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 809 Aquidneck Avenue, Middletown, RI 02842
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 22, 2019
- SEC CIK
- 0001984635
Offering terms
From the offering filed September 6, 2023.
- Security
- Common Stock
- Price
- $0.20
- Target
- $10,000
- Maximum
- $1,200,000
- Deadline
- November 17, 2023
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000
Financials
From the Form C filed September 6, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $57,278 | $16,820 | sec.gov |
| Cost of goods sold | $11,180 | $8,935 | sec.gov |
| Net income | $-3,117,138 | $-1,694,694 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,381,117 | $2,832,770 | sec.gov |
| Cash | $163,205 | $2,282,254 | sec.gov |
| Accounts receivable | $38,797 | $36,312 | sec.gov |
| Short-term debt | $27,358 | $58,994 | sec.gov |
| Long-term debt | $61,424 | $41,006 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 6, 2023 | Offering | $10,000 | $1,200,000 | November 17, 2023 | sec.gov |
Updated September 6, 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.