Data / Crowdfunding / TT1 Products, Inc
TT1 Products, Inc: crowdfunding raise on OpenDeal Portal LLC, $250,000 to $3,765,000 (2023)
TT1 Products, Inc, a company, filed a Form C with the SEC on December 4, 2023 to raise $250,000 to $3,765,000 in Crowd Convertible Promissory Note through OpenDeal Portal LLC. The offering closed on March 3, 2024. In its most recent fiscal year it reported $1,961,323 in revenue and a net loss of $11,458,731, with 12 employees.
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- Website
- www.supersapiens.com
- Funding portal
- OpenDeal Portal LLC
- SEC CIK
- 0001970837
Offering terms
From the offering filed December 4, 2023.
- Security
- Crowd Convertible Promissory Note
- Price
- $1.00
- Target
- $250,000
- Maximum
- $3,765,000
- Deadline
- March 3, 2024
- 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
Financials
From the Form C filed December 4, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,961,323 | $1,832,611 | sec.gov |
| Cost of goods sold | $2,019,568 | $2,709,094 | sec.gov |
| Net income | $-11,458,731 | $-14,197,534 | sec.gov |
| Taxes paid | $392 | $1,517 | sec.gov |
| Total assets | $2,639,240 | $5,125,416 | sec.gov |
| Cash | $211,211 | $571,660 | sec.gov |
| Accounts receivable | $21,366 | $14,874 | sec.gov |
| Short-term debt | $4,799,773 | $2,151,423 | sec.gov |
| Long-term debt | $11,586,212 | $14,294,462 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 1, 2024 | Withdrawal | Not listed | Not listed | sec.gov | ||
| March 1, 2024 | Withdrawal | Not listed | Not listed | sec.gov | ||
| December 4, 2023 | Offering | $250,000 | $3,765,000 | March 3, 2024 | sec.gov | |
| May 3, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Progress update | $250,000 | $1,235,000 | April 28, 2023 | The Offering closed successfully on 4/29/2023, having received investment commitments of $1,234,996.40, although a final accounting has not taken place. | sec.gov |
| April 6, 2023 | Offering | $250,000 | $1,235,000 | April 28, 2023 | sec.gov |
Updated March 1, 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.