Data / Crowdfunding / Nevada / Resolution 8 Technologies, Inc.
Resolution 8 Technologies, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $4,295,024 (2022)
Resolution 8 Technologies, Inc., a corporation in Las Vegas, NV, filed a Form C with the SEC on December 19, 2022 to raise $25,000 to $4,295,024 in debt through SI SECURITIES, LLC. The offering closed on February 10, 2023. In its most recent fiscal year it reported $38,000 in revenue and a net loss of $505,739, with 5 employees.
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- Website
- www.blissdivorce.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 8336 Paseo Vista Dr, Las Vegas, NV 89128
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 19, 2019
- SEC CIK
- 0001816287
Offering terms
From the offering filed December 19, 2022.
- Security
- Debt
- Target
- $25,000
- Maximum
- $4,295,024
- Deadline
- February 10, 2023
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-AR filed May 4, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $38,000 | $109,206 | sec.gov |
| Cost of goods sold | $19,250 | $58,000 | sec.gov |
| Net income | $-505,739 | $-533,070 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $112,648 | $17,874 | sec.gov |
| Cash | $99,314 | $8,580 | sec.gov |
| Accounts receivable | $0 | $5,899 | sec.gov |
| Short-term debt | $436,000 | $215,000 | sec.gov |
| Long-term debt | $1,430,242 | $1,053,280 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 4, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| February 21, 2023 | Progress update | $50,000 | $535,000 | December 6, 2022 | The issuer raised approximately $290,425.50 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| December 19, 2022 | Offering | $25,000 | $4,295,024 | February 10, 2023 | sec.gov | |
| December 19, 2022 | Progress update | $50,000 | $535,000 | December 6, 2022 | $704,976 is the total amount raised. | sec.gov |
| November 29, 2022 | Amendment | $50,000 | $535,000 | December 6, 2022 | Non-material amendment giving non-early-bird investors a pre-money rather than post-money SAFE, extending close date, updated Question 28 to clarify the need to raise $2M (rather than $4M) seed round to execute vision for fully built-out product. | sec.gov |
| September 23, 2022 | Amendment | $50,000 | $535,000 | April 30, 2023 | Non-material amendment extending the Early Bird terms to apply to investors in the first $178,100 of the raise. | sec.gov |
| September 1, 2022 | Offering | $50,000 | $535,000 | April 30, 2023 | sec.gov | |
| September 1, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 26, 2021 | Amendment | $50,000 | $500,000 | April 30, 2021 | Changing the campaign deadline. | sec.gov |
| September 16, 2020 | Amendment | $50,000 | $500,000 | October 30, 2020 | Adding Lead Investor, reviewed financial statements, updating financial information in Financial Narrative, updating maximum to $500k. | sec.gov |
| July 1, 2020 | Offering | $50,000 | $245,000 | October 30, 2020 | sec.gov |
Updated May 4, 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.