Data / Crowdfunding / Ohio / SmartSoda Holdings, Inc.
SmartSoda Holdings, Inc.: crowdfunding raise on OpenDeal Portal LLC, $75,000 to $5,000,000 (2024)
SmartSoda Holdings, Inc., a corporation in Cleveland, OH, filed a Form C with the SEC on December 20, 2024 to raise $75,000 to $5,000,000 in common stock through OpenDeal Portal LLC. The offering closed on March 20, 2025. In its most recent fiscal year it reported $1,480,806 in revenue and a net loss of $2,574,399, with 15 employees.
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- Website
- www.smartsoda.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 6095 PARKLAND BLVD SUITE 300, Cleveland, OH 44124
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 15, 2019
- SEC CIK
- 0001792706
Offering terms
From the offering filed December 20, 2024.
- Security
- Common Stock
- Price
- $1.55
- Target
- $75,000
- Maximum
- $5,000,000
- Deadline
- March 20, 2025
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay the Intermediary a fee of six percent (6%) of the dollar amount raised in the Offering on proceeds exceeding $100,000 and a minimum cash commission of $15,000, with a $7,500 onboarding fee.
Financials
From the Form C filed December 20, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,480,806 | $737,044 | sec.gov |
| Cost of goods sold | $845,339 | $241,670 | sec.gov |
| Net income | $-2,574,399 | $-2,742,129 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $5,207,093 | $2,067,767 | sec.gov |
| Cash | $2,444 | $506,386 | sec.gov |
| Accounts receivable | $480,132 | $171,127 | sec.gov |
| Short-term debt | $368,548 | $0 | sec.gov |
| Long-term debt | $1,382,488 | $705,500 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 20, 2024 | Offering | $75,000 | $5,000,000 | March 20, 2025 | sec.gov | |
| May 2, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 7, 2022 | Progress update | $25,000 | $230,000 | December 1, 2020 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $310,425.39 and 637,835 number of securities. | sec.gov |
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| December 2, 2020 | Progress update | $250,000 | $230,000 | October 14, 2020 | The Offering closed successfully on December 2, 2020, having received investment commitments of $230,000, although a final accounting has not taken place. | sec.gov |
| September 28, 2020 | Amendment | $25,000 | $230,000 | December 1, 2020 | Unwinding of Organic Soda Pop Acquisition | sec.gov |
| September 25, 2020 | Amendment | $25,000 | $230,000 | December 31, 2020 | Unwinding of Organic Soda Pop Acquisition | sec.gov |
| August 24, 2020 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| August 24, 2020 | Offering | $250,000 | $230,000 | October 14, 2020 | sec.gov | |
| May 28, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 14, 2020 | Progress update | $10,000 | $1,070,000 | April 6, 2020 | At the close of the offering, the issuer closed on $304,091.53 and 646,164 number of securities. | sec.gov |
| February 20, 2020 | Amendment | $10,000 | $1,070,000 | April 6, 2020 | Unwinding of Organic Soda Pop Acquisition | sec.gov |
| February 3, 2020 | Amendment | $10,000 | $1,070,000 | April 6, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| October 31, 2019 | Offering | $10,000 | $1,070,000 | February 4, 2020 | sec.gov |
Also on SpecStream
Updated December 20, 2024. 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.