Data / Crowdfunding / New York / VR Simulations, Inc.
VR Simulations, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,999 to $1,234,999 (2023)
VR Simulations, Inc., a corporation in New York, NY, filed a Form C with the SEC on June 7, 2023 to raise $14,999 to $1,234,999 in Class C Common Stock through StartEngine Capital, LLC. The offering closed on September 6, 2023. In its most recent fiscal year it reported $2,778 in revenue and a net loss of $473,009, with 4 employees.
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- Website
- octonicvr.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 200 W 67TH ST #12D, New York, NY 10023
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 6, 2016
- SEC CIK
- 0001978950
Offering terms
From the offering filed June 7, 2023.
- Security
- Class C Common Stock
- Price
- $2.07
- Target
- $14,999
- Maximum
- $1,234,999
- Deadline
- September 6, 2023
- Portal compensation
- Up to 9% percent
Financials
From the Form C-U filed September 12, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,778 | $7,522 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-473,009 | $-329,503 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $21,556 | $398,878 | sec.gov |
| Cash | $10,868 | $385,711 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $138,603 | $11,121 | sec.gov |
| Long-term debt | $560,964 | $592,760 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 12, 2023 | Progress update | $14,999 | $1,234,999 | September 6, 2023 | At the close of the offering, the issuer closed on $100,209.89 and 59,787 number of securities. | sec.gov |
| June 7, 2023 | Offering | $14,999 | $1,234,999 | September 6, 2023 | sec.gov |
Updated September 12, 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.