Data / Crowdfunding / Michigan / SciTech Development, Inc.
SciTech Development, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $4,999,997 (2022)
SciTech Development, Inc., a corporation in Grosse Pointe Farms, MI, filed a Form C with the SEC on June 28, 2022 to raise $9,999 to $4,999,997 in Units through StartEngine Capital, LLC. The offering closed on July 29, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $7,137,960, with 3 employees.
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- Website
- SciTechSDP.com
- Funding portal
- StartEngine Capital, LLC
- Address
- P.O. Box 36927, Grosse Pointe Farms, MI 48236
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 27, 2024
- SEC CIK
- 0001682585
Offering terms
From the amendment filed June 28, 2022.
- Security
- Units
- Price
- $2.75
- Target
- $9,999
- Maximum
- $4,999,997
- Deadline
- July 29, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed April 29, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $3,907,693 | $1,022,166 | sec.gov |
| Net income | $-7,137,960 | $-4,588,546 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $962,094 | $2,175,920 | sec.gov |
| Cash | $922,758 | $2,148,456 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $7,879,660 | sec.gov |
| Long-term debt | $3,916 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| August 1, 2022 | Progress update | $9,999 | $4,999,997 | July 29, 2022 | At the close of the offering, the issuer closed on $84,118.25 and 33,862 number of securities. | sec.gov |
| June 28, 2022 | Amendment | $9,999 | $4,999,997 | July 29, 2022 | Issuer is extending campaign end date. | sec.gov |
| June 17, 2022 | Amendment | $9,999 | $4,999,997 | June 29, 2022 | Issuer is disclosing outside offering | sec.gov |
| April 29, 2022 | Amendment | $9,999 | $4,999,997 | June 29, 2022 | Extending Campaign 60 Days and uploading 2020/2021 Financials | sec.gov |
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 15, 2022 | Offering | $9,999 | $4,999,997 | April 29, 2022 | sec.gov |
Also on SpecStream
Updated April 29, 2026. 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.