SapientX Inc.

SapientX Inc. logo via Clearbit

Profile

According to their SEC filings, SapientX Inc. is a Corporation organized in DE on 04-06-2016. They report having 3 employee(s), and revenue in their most-recent fiscal year of $53,490.00 and $1,000.00 the prior year.

Location

4600 SMITH GRADE ROAD

SANTA CRUZ, NY 95060

Equity Crowdfunding Campaigns

Reg CF Offering from SapientX Inc. (Previous)

Campaign Details

According to their SEC filings, SapientX Inc. previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,070,000.00) in Preferred Stock via SI SECURITIES, LLC (SeedInvest) before a deadline of 11-02-2018.

As compensation for managing the offering, SI SECURITIES, LLC (SeedInvest) reported being compensated as follows:

7.5% of the amount raised

In addition to any direct compensation, SapientX Inc. reported that SI SECURITIES, LLC (SeedInvest) would also receive the following financial interest in the offering:

SI Securities will receive equity compensation equal to 5% of the number of securities sold.

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

The issuer raised approximately $325,000 during the offering period. Payments are still being processed; the exact amount has yet to be determined.

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 $53,490.00 $1,000.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-92,401.00 $-98,417.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $17.00 $4,163.00
Accounts Receivable $22,740.00 $0.00
Short-term Debt $0.00 $0.00
Long-term Debt $93,387.00 $56,833.00

Complete Reg CF filings list for SapientX Inc.

  • [2018-11-05T16:23:28+00:00] SapientX Inc. filed a fundraising progress report (Form C-U) with the following update: "The issuer raised approximately $325,000 during the offering period. Payments are still being processed; the exact amount has yet to be determined."

    File number: 020-24642

  • New Filing Form C

    [2018-09-05T15:11:38+00:00] SapientX Inc. filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,070,000.00) of Preferred Stock via SI SECURITIES, LLC (SeedInvest).

    File number: 020-24642