Data / Crowdfunding / California / ZenSpace, Inc.
ZenSpace, Inc.: crowdfunding raise on StartEngine Capital LLC, $9,999 to $534,999 (2021)
ZenSpace, Inc., a corporation in San Jose, CA, filed a Form C with the SEC on September 13, 2021 to raise $9,999 to $534,999 in common stock through StartEngine Capital LLC. The offering closed on September 30, 2021. In its most recent fiscal year it reported $313,663 in revenue and a net loss of $215,120, with 7 employees.
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- Website
- www.zenspace.io
- Funding portal
- StartEngine Capital LLC
- Address
- 3103 Lismore Ct., San Jose, CA 95135
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 10, 2017
- SEC CIK
- 0001757098
Offering terms
From the amendment filed September 13, 2021.
- Security
- Common Stock
- Price
- $0.75
- Target
- $9,999
- Maximum
- $534,999
- Deadline
- September 30, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-AR filed May 2, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $313,663 | $260,701 | sec.gov |
| Cost of goods sold | $259,652 | $187,317 | sec.gov |
| Net income | $-215,120 | $-330,017 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $357,760 | $487,230 | sec.gov |
| Cash | $50,854 | $73,265 | sec.gov |
| Accounts receivable | $138,500 | $17,000 | sec.gov |
| Short-term debt | $54,539 | $57,493 | sec.gov |
| Long-term debt | $888,380 | $844,597 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 18, 2021 | Progress update | $9,999 | $534,999 | September 30, 2021 | At the close of the offering, the issuer closed on $287,912.48 and 425,200 number of securities. | sec.gov |
| October 1, 2021 | Progress update | $9,999 | $534,999 | September 30, 2021 | At the close of the offering, the issuer closed on $266,774.25 and 394,397 number of securities. | sec.gov |
| September 13, 2021 | Amendment | $9,999 | $534,999 | September 30, 2021 | Issuer is moving the offering close date to Sept 30. | sec.gov |
| July 26, 2021 | Amendment | $9,999 | $534,999 | October 27, 2021 | Issuer is extending their campaign for 90 days. | sec.gov |
| July 8, 2021 | Amendment | $9,999 | $534,999 | July 29, 2021 | Decrease maximum funding amount to $535k | sec.gov |
| June 21, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Amendment | $9,999 | $1,069,029 | July 29, 2021 | Update to perks | sec.gov |
| April 30, 2021 | Amendment | $9,999 | $1,069,029 | July 29, 2021 | Extending and amending the campaign with new financials | sec.gov |
| April 29, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| February 17, 2021 | Amendment | $9,999 | $1,069,029 | April 30, 2021 | Issuer is extending the length of their campaign. | sec.gov |
| December 14, 2020 | Amendment | $9,999 | $1,069,029 | February 19, 2021 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| November 13, 2020 | Amendment | $9,999 | $1,069,029 | December 16, 2020 | Issuer is extending the length of their campaign by 30 days. | sec.gov |
| September 14, 2020 | Amendment | $9,999 | $1,069,029 | November 16, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| July 10, 2020 | Amendment | $9,999 | $1,069,029 | September 16, 2020 | Issuer provided fixes to clerical error in financials and updated their indebtedness section. | sec.gov |
| July 6, 2020 | Amendment | $9,999 | $1,069,029 | September 16, 2020 | Issuer added reviewed financials and increased their max raise amount. | sec.gov |
| June 18, 2020 | Offering | $9,999 | $534,999 | September 16, 2020 | sec.gov | |
| April 24, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| February 25, 2019 | Progress update | $25,000 | $1,070,000 | March 1, 2019 | The issuer raised approximately $330,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| December 28, 2018 | Offering | $25,000 | $1,070,000 | March 1, 2019 | sec.gov |
Updated May 2, 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.