Data / Crowdfunding / District of Columbia / Responsum Inc.
Responsum Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Responsum Inc., a corporation in Washington, DC, filed a Form C with the SEC on December 28, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on March 26, 2022. In its most recent fiscal year it reported $731,000 in revenue and a net loss of $97,872.
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- Website
- responsumhealth.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 100 M STREET, SE STE 750, Washington, DC 20003
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 8, 2014
- SEC CIK
- 0001857219
Offering terms
From the amendment filed December 28, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- March 26, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 28, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $731,000 | $839,500 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-97,872 | $110,153 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $283,182 | $113,958 | sec.gov |
| Cash | $89,432 | $30,789 | sec.gov |
| Accounts receivable | $193,750 | $78,500 | sec.gov |
| Short-term debt | $19,525 | $21 | sec.gov |
| Long-term debt | $1,168,908 | $881,900 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 28, 2022 | Progress update | $25,000 | $1,070,000 | March 26, 2022 | The Offering closed successfully on 3/27/2022, having received investment commitments of $130,163.00, although a final accounting has not taken place. | sec.gov |
| December 28, 2021 | Amendment | $25,000 | $1,070,000 | March 26, 2022 | Extends the Offering Deadline to March 26, 2022, revises cash and cash equivalents on hand to reflect amount as of November 30, 2021, updates the Business Plan to include new apps being developed, and adds related party shareholder loan of $225,000. | sec.gov |
| August 25, 2021 | Offering | $25,000 | $1,070,000 | January 1, 2022 | sec.gov |
Updated April 28, 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.