Data / Crowdfunding / Massachusetts / Statum Systems Inc.
Statum Systems Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $534,999 (2022)
Statum Systems Inc., a corporation in Natick, MA, filed a Form C with the SEC on June 17, 2022 to raise $9,999 to $534,999 in common stock through StartEngine Capital, LLC. The offering closed on September 15, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,330,620, with 4 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.statumsystems.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 8 PLEASANT STREET SOUTH UNIT D, Natick, MA 01760
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 12, 2018
- SEC CIK
- 0001819418
Offering terms
From the offering filed June 17, 2022.
- Security
- Common Stock
- Price
- $1.20
- Target
- $9,999
- Maximum
- $534,999
- Deadline
- September 15, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed April 21, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,330,620 | $-1,143,831 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $95,578 | $235,388 | sec.gov |
| Cash | $75,702 | $221,896 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,048,639 | $663,596 | sec.gov |
| Long-term debt | $1,785,000 | $2,049,712 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 18, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 21, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 7, 2022 | Progress update | $10,000 | $1,070,000 | December 16, 2020 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $228,338.56 and 237,669 shares of common stock. | sec.gov |
| September 26, 2022 | Withdrawal | Not listed | Not listed | sec.gov | ||
| June 17, 2022 | Offering | $9,999 | $534,999 | September 15, 2022 | sec.gov | |
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| December 22, 2020 | Progress update | $10,000 | $1,070,000 | December 16, 2020 | At the close of the offering, the issuer closed on $216,517 and 233719 shares of common stock. | sec.gov |
| September 17, 2020 | Offering | $10,000 | $1,070,000 | December 16, 2020 | sec.gov |
Updated September 18, 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.