Data / Crowdfunding / California / SynTouch, Inc.
SynTouch, Inc.: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2018)
SynTouch, Inc., a corporation in Montrose, CA, filed a Form C with the SEC on March 8, 2018 to raise $25,000 to $1,070,000 in preferred stock through SI SECURITIES, LLC. The offering closed on April 30, 2018. In its most recent fiscal year it reported $1,110,195 in revenue and a net loss of $458,240, with 6 employees.
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- Website
- syntouchinc.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 3720 CLIFTON PLACE, Montrose, CA 91020
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 17, 2016
- SEC CIK
- 0001728560
Offering terms
From the offering filed March 8, 2018.
- Security
- Preferred Stock
- Price
- $2.11
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2018
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-AR filed June 1, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,110,195 | $866,284 | sec.gov |
| Cost of goods sold | $429,727 | $798,056 | sec.gov |
| Net income | $-458,240 | $-1,369,998 | sec.gov |
| Taxes paid | $800 | $1,600 | sec.gov |
| Total assets | $1,253,699 | $1,238,646 | sec.gov |
| Cash | $250,026 | $402,489 | sec.gov |
| Accounts receivable | $270,538 | $53,273 | sec.gov |
| Short-term debt | $166,960 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 21, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 1, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2020 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 29, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 25, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 14, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| May 14, 2018 | Progress update | $25,000 | $1,070,000 | April 30, 2018 | The issuer raised approximately $837,500 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| March 8, 2018 | Offering | $25,000 | $1,070,000 | April 30, 2018 | sec.gov |
Updated March 21, 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.