Movatic, Inc.

Movatic, Inc. logo via Clearbit

Profile

According to their SEC filings, Movatic, Inc. is a Corporation organized in DE on 08-12-2016. They report having 2 employee(s), and revenue in their most-recent fiscal year of $152,381.00 and $18,500.00 the prior year.

Company Description

"Movatic is building a shared-use mobility platform one industry at a time. Imagine a world where all transportation is on-demand and simple for the user. "

Website: http://movatic.co

Sector: Information Technology

Industry: Internet Software & Services

Twitter: MovaticMobility

Facebook: movaticmobility

Location

505 E Liberty LL 500

Ann Arbor, MI 48104

Equity Crowdfunding Campaigns

Reg CF Offering from Movatic, Inc. (Active)

Campaign Details

According to their SEC filings, Movatic, Inc. is raising $10,000.00 (up to a maximum of $91,000.00) in Common Stock via NetCapital with a current deadline of 03-12-2019.

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

Up to 4.9% of amount raised for a successful offering and a listing fee of up to $5,000

In addition to any direct compensation, Movatic, Inc. reports that NetCapital will also receive the following financial interest in the offering:

None.

Reg CF Offering from Movatic, Inc. (Previous)

Campaign Details

According to their SEC filings, Movatic, Inc. previously ran a Regulation Crowdfunding campaign to raise $10,000.00 (up to a maximum of $107,000.00) in Common Stock via NetCapital before a deadline of 05-08-2018.

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

Up to 4.9% of amount raised for a successful offering

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

None.

Movatic, Inc. filed the following progress report with the SEC at the end of their campaign:

End of offering. Issuer raised an estimated $15,856.

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 $152,381.00 $18,500.00
Cost of Goods Sold $21,486.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-240.00 $8,046.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $8,546.00 $7,684.00
Accounts Receivable $0.00 $0.00
Short-term Debt $0.00 $0.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Movatic, Inc.

  • New Filing Form C

    [2018-12-12T17:14:42+00:00] Movatic, Inc. filed a Form C to raise a target amount of $10,000.00 (up to a maximum of $91,000.00) of Common Stock via NetCapital.

    File number: 020-25004

  • [2018-05-14T10:14:26+00:00] Movatic, Inc. filed a fundraising progress report (Form C-U) with the following update: "End of offering. Issuer raised an estimated $15,856."

    File number: 020-23937

  • [2018-04-20T07:20:28+00:00] Movatic, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $10,000.00 via NetCapital. The nature of the amendment was described as follows:

    Issuer extended offering deadline.

    File number: 020-23937

  • [2018-01-30T21:01:30+00:00] Movatic, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $10,000.00 via NetCapital. The nature of the amendment was described as follows:

    Update to offering statement questions number 3 and 29

    File number: 020-23937

  • New Filing Form C

    [2018-01-23T15:54:04+00:00] Movatic, Inc. filed a Form C to raise a target amount of $10,000.00 (up to a maximum of $107,000.00) of Common Stock via NetCapital.

    File number: 020-23937