Data / Crowdfunding / Florida / QuantConnect Corp
QuantConnect Corp: crowdfunding raise on Wefunder Portal LLC, $50,004 to $4,999,998 (2022)
QuantConnect Corp, a corporation in Plantation, FL, filed a Form C with the SEC on September 7, 2022 to raise $50,004 to $4,999,998 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $1,147,595 in revenue and a net loss of $540,929, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.quantconnect.com
- Funding portal
- Wefunder Portal LLC
- Address
- QUANTCONNECT CORPORATION Suite 300, 150S Pine Island Road, Plantation, FL 33324
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 29, 2013
- SEC CIK
- 0001666598
Offering terms
From the offering filed September 7, 2022.
- Security
- Preferred Stock
- Price
- $6.25
- Target
- $50,004
- Maximum
- $4,999,998
- Deadline
- April 30, 2023
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed April 25, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,147,595 | $1,093,842 | sec.gov |
| Cost of goods sold | $569,550 | $483,421 | sec.gov |
| Net income | $-540,929 | $-538,521 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,688,558 | $3,167,965 | sec.gov |
| Cash | $2,572,147 | $2,938,399 | sec.gov |
| Accounts receivable | $21,000 | $0 | sec.gov |
| Short-term debt | $263,509 | $207,987 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 25, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 20, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 7, 2022 | Offering | $50,004 | $4,999,998 | April 30, 2023 | sec.gov |
Also on SpecStream
Updated April 25, 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.