Data / Crowdfunding / Washington / Watershed Medical Inc.
Watershed Medical Inc.: crowdfunding raise on ICON CAPITAL GROUP, LLC, $100,000 to $5,000,000 (2026)
Watershed Medical Inc., a corporation in Bellevue, WA, filed a Form C with the SEC on February 25, 2026 to raise $100,000 to $5,000,000 in preferred stock through ICON CAPITAL GROUP, LLC. The offering closed on April 30, 2026. In its most recent fiscal year it reported $0 in revenue and a net loss of $1,659,161, with 7 employees.
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- Website
- www.watershedtx.com
- Funding portal
- ICON CAPITAL GROUP, LLC
- Address
- 9841 NE 15TH STREET, Bellevue, WA 98004
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 16, 2019
- SEC CIK
- 0002092749
Offering terms
From the amendment filed February 25, 2026.
- Security
- Preferred Stock
- Price
- $1.53
- Target
- $100,000
- Maximum
- $5,000,000
- Deadline
- April 30, 2026
- Portal compensation
- The issuer shall pay a fee of eight percent (8%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-U filed May 22, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-1,659,161 | $-1,481,683 | sec.gov |
| Taxes paid | $893 | $1,030 | sec.gov |
| Total assets | $544,449 | $778,458 | sec.gov |
| Cash | $383,160 | $593,959 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $883,297 | $84,359 | sec.gov |
| Long-term debt | $18,760 | $45,734 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 22, 2026 | Progress update | $100,000 | $5,000,000 | April 30, 2026 | The Issuer has raised a total of 1,060,940.35 and is terminating the offering in accordance with the rules and requirements of Regulation CF effective May 25, 2026. | sec.gov |
| February 25, 2026 | Amendment | $100,000 | $5,000,000 | April 30, 2026 | File corrected offering statement to exclude incorrect reference for intermediary | sec.gov |
| February 5, 2026 | Amendment | $100,000 | $5,000,000 | April 30, 2026 | File additional amendments including financial statements and omnibus amendment to investor agreement. | sec.gov |
| December 29, 2025 | Offering | $100,000 | $5,000,000 | April 30, 2026 | sec.gov |
Also on SpecStream
Updated May 22, 2026. 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.