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Kationx

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Kationx Corp

Biotech · Indialantic, FL · Founded 2019

Kationx products fix problems for an expanding range of industrial and commercial markets. We are a fast-growing, materials sciences company that develops, manufactures, and distributes our own proprietary, environmentally safe, cleantech products for customers including the wastewater treatment and horizontal directional drilling industries. Kationx improves the environment and regulatory compliance while working to reduce costs and risks.

Post-money valuation ⓘ
$16.2M
As of Jul 2021 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$650,129
Crowd $250K · Private $400K · 2 rounds since 2020
Latest share price
$0.72
Reg CF · Common Stock · Dec 2020 offering price

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$7K
−$172K
2018
$12K
−$784K
2019
$78K
−$767K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$6,740
$11,880
$78,172
Cost of goods sold
$1,685
$49,481
$19,544
Gross margin
75%
-317%
75%
Net income
-$171,740
-$784,002
-$766,929
Taxes paid
$0
$545
$0
Balance sheet
Cash
$11,027
$11,027
$16,967
Accounts receivable
$0
$0
$19,281
Total assets
$163,921
$170,173
$117,628
Short-term debt
$94,900
$263,798
$401,512
Long-term debt
$220,760
$254,084
$0
Total liabilities
$315,660
$517,882
$401,512
Other
Headcount
—
13
13

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$4.2M
est. pre-money
$16.0M
pre-money
Section 4(a)(2) · Preferred · Aug 2020
Reg CF · Common · Dec 2020

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

$0.72$0.36$0.2249
Aug 2020Dec 2020
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Feb 29, 2020
ClassOutstandingVotes / shareShare of totalLast price
Common stock18,875,601—100.0%$0.72Dec 2020

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $250.1K / $1.1MInvestors 401Post-money $16.2M
Raised $400KEst. pre-money $4.2M

Team

5 people
Bill CoxFounder
CEO, Founder, & Chairman

Mr. Cox discovered the cationic technology incorporated into the unique, proprietary, and disruptive performance that define Kationx products; and, he is the company’s principal investor. Mr. Cox’s career has spanned the energy, chemicals and aerospace sectors. This experience includes oil & gas drilling and production operations; process engineering design, equipment prototyping and manufacturing; process plant and aerospace business turn-arounds. He has successfully listed a company, and he’s successfully launched/exited a number of start-ups. Mr. Cox has twice attempted a PhD: in Geobiology (GWU) and Geology (University of Bucharest), though he does have a Master’s earned at University of Texas at Austin (’84) addressing remote sensing applications for exploration geology. Mr. Cox is an active community volunteer. He currently serves on the Board at Marine Resources Council of East Florida, Inc. (a citizen-science NGO), with past service on other boards and commissions. He is a retired U.S. Navy reserve officer with 25 years of honorable service.

William J. Cox
CEO and Chairman and Corporate Secretary, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer
Glenn Jackson
CFO

Mr. Jackson serves as Chief Financial Officer of Kationx. Jackson holds an accounting degree and MBA from the University of Memphis. He has served in accounting and management positions for nearly thirty years, including CEO and CFO of public and private positions and large company controller positions.

Paul Laura
COO

Chief Operating Officer, Mr. Paul E. Laura has considerable executive, technical, marketing, sales and business development experience in the domestic and international markets. He has a 35 year career including 12 years on assignments overseas with Lubrizol (subsidiary of Berkshire Hathaway) and Witco Corp. Under his leadership during an 8 year overseas assignment, Lubrizol received an award for UK exports. He also received on behalf of Witco Corp an award from El Paso Industries for the technical assistance provided for their high pressure polyethylene process extending the life of their compressors which operated at 40K psi. As VP of Operations, Master Chemical achieved a significant milestone where 30% of their total sales were represented by new products providing significant profitability improvement. Currently, Mr. Laura contributes a significant amount of his time to Florida environmental causes and is a board member of Indian Riverkeeper, Hutchinson Island Preservation Initiative and Marine Resources Council. In the past, he has also participated on projects with the Smithsonian at their marine station on Hutchinson Island, Florida. Currently, he assisting in a phytoplankton study of the Indian River Lagoon as part of a University of Florida Extension project. Mr. Laura has an undergraduate degree in science (BS) from St. John’s University, New York, New York and a graduate degree in Science (MS) from University of Florida, Gainesville, Florida.

Michael Laura
VP of Marketing

Michael is a determined and passionate director who has previous startup knowledge by launching a production company in New York. Afterward, for the past 8 years, Michael has traveled and worked independently by building his client base in multiple markets with his production and marketing skills. His work has been published in magazines, art shows, and digitally displayed at the Louvre in Paris, France. Since joining Kationx, Michael has helped bring the company into the 21st century with his team by creating new content, branding and social media marketing. Michael graduated from Savannah College of Art and Design, building his team with alumni who also share the same high standard in design, animation, marketing and production that will set Kationx apart from the competition.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 1 of 6 annual reports (FY2020–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

401 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-AR/ADec 29, 20210001665160-21-002393
    EDGAR
  • Form C-UAug 23, 20210001665160-21-001506
    EDGAR
  • Form C-UAug 2, 20210001665160-21-001385
    EDGAR
  • Form C-AR/AJun 17, 20210001665160-21-001062
    EDGAR
  • Form C-ARApr 28, 20210001665160-21-000617
    EDGAR
  • Form C/AApr 21, 20210001665160-21-000506
    EDGAR
  • Form C/AFeb 8, 20210001665160-21-000148
    EDGAR
  • Form CDec 11, 20200001665160-20-001524
    EDGAR
Source: ManualCIK 0001831843DEShare price $0.72

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.