Data / Crowdfunding / Massachusetts / SafeRx Pharmaceuticals Inc.
SafeRx Pharmaceuticals Inc.: crowdfunding raise on DALMORE GROUP LLC, $25,000 to $5,000,000 (2021)
SafeRx Pharmaceuticals Inc., a corporation in Lenox, MA, filed a Form C with the SEC on May 25, 2021 to raise $25,000 to $5,000,000 in common stock through DALMORE GROUP LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $2,225,334, with 2 employees.
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- Website
- saferxpharmaceuticals.com
- Funding portal
- DALMORE GROUP LLC
- Address
- PO BOX #2102, Lenox, MA 01240
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 22, 2020
- SEC CIK
- 0001850523
Offering terms
From the offering filed May 25, 2021.
- Security
- Common Stock
- Price
- $2.21
- Target
- $25,000
- Maximum
- $5,000,000
- Deadline
- April 30, 2022
- Portal compensation
- 4% of all sums raised in this offering (1% of which will be delivered in Class B Non-Voting Common Stock), plus a $25,000 fee.
Financials
From the Form C-AR filed May 19, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-2,225,334 | $-822,403 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $267,690 | $175,149 | sec.gov |
| Cash | $267,690 | $175,149 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,333,170 | $817,552 | sec.gov |
| Long-term debt | $607,444 | $180,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 19, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 19, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Progress update | $25,000 | $5,000,000 | April 30, 2022 | The company sold approximately 23,481 shares of Class B Non-Voting Common Stock for gross proceeds of $51,893 | sec.gov |
| May 25, 2021 | Offering | $25,000 | $5,000,000 | April 30, 2022 | sec.gov |
Updated May 19, 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.