Crowdonomics
IOTACOMM, INC.

Reg CF · Common Stock · Apr 2025

ClosedReached targetReg CFCommon Equity
via DealMaker · last checked Sep 25, 2026
Raised
$590.6K / $5M max
12% of ceiling
Investors
—
—
Post-money valuation
$126.6M
pre-money + amount raised

Financials disclosed in this offering

FY2023–FY2024 · hover for source
$84K
−$8.1M
FY2023
$152K
−$12.8M
FY2024
RevenueNet income
Metric
FY2023 audited
FY2024 audited
Income statement
Revenue
$83,628
$152,286
Cost of goods sold
$26,447
$78,218
Gross margin
68%
49%
Net income
-$8,087,347
-$12,834,498
Taxes paid
$0
$0
Balance sheet
Cash
$65,234
$30,833
Accounts receivable
$10,414
$7,828
Total assets
$77,513,564
$70,278,549
Short-term debt
$53,153,121
$26,948,541
Long-term debt
$24,897,384
$51,269,295
Total liabilities
$78,050,505
$78,217,836
Other
Headcount
—
11

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

4 amendments
  1. Sep 29, 2025
    • Maximum $5M → $1.2M

    “This material amendment is filed to: update Exhibit F to include reviewed financials for the year ended May 31, 2025; reduce the Maximum Offering Amount; and update the Capitalization and Ownership, Previous Offerings, and Financial Information sections”

    Form C/A on EDGAR ↗
  2. Aug 18, 2025
    No change to filed terms

    “This material amendment is filed to update the Directors, Officers, Managers and Key Persons section and the Exhibit A- Investor Website Page to reflect the departure from the Company of its Chief Technology Officer.”

    Form C/A on EDGAR ↗
  3. Jul 29, 2025
    • Deadline Jul 31, 2025 → Dec 31, 2025

    “This material amendment is filed to (i) extend the Offering Deadline; and (ii) update the Capitalization and Ownership, Previous Offerings and Financial Information sections.”

    Form C/A on EDGAR ↗
  4. May 8, 2025
    No change to filed terms

    “Amendment to Offering Statement”

    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$126M
Post-money$126.6M
Price / share$12.00
Shares offered810

Down round. Priced 100% below Section 4(a)(2) Private Offering (2024) (Mar 2024) on a split-adjusted basis: $12.00 vs $2,400.00 a share in today's terms — a conversion or split sits between the two, so check its ratio on the earlier round.

Offering details

Target$10,012
Max$4,999,991
Min investment—
OpenedApr 14, 2025
DeadlineDec 31, 2025
ClosedDec 31, 2025
Days active261

Links & provenance

Source: SEC EDGAR
0001062993-25-007400
Last synced Sep 25, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.