Data / Crowdfunding / New York / Thuzio, Inc.
Thuzio, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $600,960 (2020)
Thuzio, Inc., a corporation in New York, NY, filed a Form C with the SEC on April 9, 2020 to raise $25,000 to $600,960 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 29, 2020. In its most recent fiscal year it reported $2,702,573 in revenue and a net loss of $909,493, with 12 employees.
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- Website
- www.thuzio.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 114 W. 26TH STREET 5TH FLOOR, New York, NY 10001
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- December 12, 2011
- SEC CIK
- 0001554477
Offering terms
From the amendment filed April 9, 2020.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $600,960
- Deadline
- April 29, 2020
- Portal compensation
- 6% of the amount raised in the Offering.
Financials
From the Form C-AR filed April 30, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,702,573 | $2,106,351 | sec.gov |
| Cost of goods sold | $1,671,934 | $1,438,552 | sec.gov |
| Net income | $-909,493 | $-1,174,193 | sec.gov |
| Taxes paid | $5,642 | $881 | sec.gov |
| Total assets | $1,049,766 | $360,751 | sec.gov |
| Cash | $379,437 | $887 | sec.gov |
| Accounts receivable | $369,379 | $301,520 | sec.gov |
| Short-term debt | $2,606,993 | $1,387,612 | sec.gov |
| Long-term debt | $377,627 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 17, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| June 16, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2020 | Progress update | $25,000 | $600,960 | April 29, 2020 | The Offering closed successfully on April 29, 2020, having received investment commitments of $82,973, although a final accounting has not taken place. | sec.gov |
| April 9, 2020 | Amendment | $25,000 | $600,960 | April 29, 2020 | The last filed Form C contained a scrivener's error. The deadline for the offering is April 29, 2020, and the cancellation deadline is April 27, 2020. | sec.gov |
| February 12, 2020 | Offering | $25,000 | $600,960 | April 30, 2020 | sec.gov | |
| September 4, 2019 | Progress update | $25,000 | $1,070,000 | September 6, 2019 | The issuer raised approximately $469,040 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| July 1, 2019 | Offering | $25,000 | $1,070,000 | September 6, 2019 | sec.gov |
Updated May 17, 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.