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Data / Crowdfunding / Connecticut / Recombinant Technologies, Inc.

Recombinant Technologies, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2022)

Recombinant Technologies, Inc., a corporation in Cheshire, CT, filed a Form C with the SEC on January 11, 2022 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on February 11, 2022. In its most recent fiscal year it reported $410,261 in revenue and $73,837 in net income, with 2 employees.

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Website
recombtech.com
Funding portal
StartEngine Capital, LLC
Address
1090 MERIDEN WATERBURY TPKE, SUITE 1 STE. 800 WEST, Cheshire, CT 06410
Legal form
Corporation
Jurisdiction
DE
Incorporated
May 12, 2021
SEC CIK
0001866945

Offering terms

From the amendment filed January 11, 2022.

Security
Common Stock
Price
$1.00
Target
$10,000
Maximum
$1,070,000
Deadline
February 11, 2022
Portal compensation
7.0 percent

Financials

From the Form C-AR filed May 5, 2022.

Most recent fiscal yearPrior fiscal yearSource
Revenue$410,261$492,480sec.gov
Cost of goods sold$0$0sec.gov
Net income$73,837$118,775sec.gov
Taxes paid$0$0sec.gov
Total assets$16,000$28,023sec.gov
Cash$1,000$123sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$77,919$140,219sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
May 5, 2022Termination of reportingNot listedNot listedsec.gov
May 5, 2022Annual reportNot listedNot listedsec.gov
February 17, 2022Progress update$10,000$1,070,000February 11, 2022At the close of the offering, the issuer closed on $57,351.40 and 61,871 number of securities.sec.gov
January 11, 2022Amendment$10,000$1,070,000February 11, 2022Campaign is extending by 30 days.sec.gov
July 14, 2021Offering$10,000$1,070,000January 12, 2022sec.gov

All filings on sec.gov

Updated May 5, 2022. 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.