Sphere Technology Holdings, Inc.

CIK: 2022343DEIncorporated: 2022-02-03

Current Offering

$50,000
Target Amount
$1,235,000
Maximum Amount
2024-11-16
Deadline

Security Details

Type: Crowd SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 6%
At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of (A) a fee of 5.5% of the dollar amount raised in the Offering or (B) a cash fee of twelve thousand dollars ($12,000.00).
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the Offering.

Financial Reports

Offering via Republic

Offering History

As of 2024-08-05
Raising $50,000 -$1,235,000 via 50,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2024-11-16
Filing date2024-08-05
Current employees11
Act received most recent fiscal year$755,969
Act received prior fiscal year$217,781
Cash equi most recent fiscal year$791,285
Cash equi prior fiscal year$4,730,566
Cost goods sold most recent fiscal year$95,829
Cost goods sold prior fiscal year$130,447
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$3,631,674.00
Net income prior fiscal year-$2,653,550.00
Revenue most recent fiscal year$1,306,962
Revenue prior fiscal year$978,211
Short term debt most recent fiscal year$509,374
Short term debt prior fiscal year$501,981
Tax paid most recent fiscal year$6,472
Tax paid prior fiscal year$44,178
Total asset most recent fiscal year$3,471,336
Total asset prior fiscal year$7,071,661

Company Information

Corporation
DE
2022-02-03

Latest Metrics

Employees11
Total Assets$3,471,336
Cash on Hand$791,285
Revenues$1,306,962
Net Income-$3,631,674.00

Crowdfunding Portals

This company is raising funds through this portal