Beta Bionics, Inc

Beta Bionics, Inc logo via Clearbit

Profile

According to their SEC filings, Beta Bionics, Inc is a Corporation organized in MA on 10-21-2015. They report having 18 employee(s), and revenue in their most-recent fiscal year of $630,000.00 and $0.00 the prior year.

Company Description

"At Beta Bionics, Inc., we are developing a bionic pancreas system called the iLet. Our first commitment is to the type 1 diabetes (T1D) community."

Website: http://www.betabionics.org

Twitter: BetaBionics

Location

BUSINESS INNOVATION CENTER

8 SAINT MARY'S STREET, SUITE 936

BOSTON, MA 02215

Equity Crowdfunding Campaigns

Reg CF Offering from Beta Bionics, Inc (Previous)

Campaign Details

According to their SEC filings, Beta Bionics, Inc previously ran a Regulation Crowdfunding campaign to raise $0.00 (up to a maximum of $0.00) in via before a deadline of .

As compensation for managing the offering, reported being compensated as follows:

In addition to any direct compensation, Beta Bionics, Inc reported that would also receive the following financial interest in the offering:

Beta Bionics, Inc filed the following progress report with the SEC at the end of their campaign:

The final number is 10,000 shares sold for a total investment of $1,000,000.00. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 08-29-16.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $630,000.00 $0.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $40,374.00 $456.00
Net Income $-8,026,295.00 $-3,197,488.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $2,460,089.00 $7,277,339.00
Accounts Receivable $0.00 $0.00
Short-term Debt $1,162,353.00 $245,374.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Beta Bionics, Inc

  • [2018-04-30T15:53:49+00:00] Beta Bionics, Inc filed a Form C-AR.

    File number: 020-22842

  • [2017-05-01T17:14:52+00:00] Beta Bionics, Inc filed a Form C-AR.

    File number: 020-22842

  • [2016-09-08T19:19:19+00:00] Beta Bionics, Inc filed a fundraising progress report (Form C-U) with the following update: "The final number is 10,000 shares sold for a total investment of $1,000,000.00. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 08-29-16."

    File number: 020-22842

  • [2016-08-26T15:45:29+00:00] Beta Bionics, Inc filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Wefunder. The nature of the amendment was described as follows:

    Include video transcripts.

    File number: 020-22842

  • [2016-08-22T21:51:07+00:00] Beta Bionics, Inc filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Wefunder. The nature of the amendment was described as follows:

    Changed deadline date and include updated business plan.

    File number: 020-22842

  • New Filing Form C

    [2016-05-16T16:33:56+00:00] Beta Bionics, Inc filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $1,000,000.00) of via Wefunder.

    File number: 020-22842