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This isn’t Orbital Assembly Corporation’s most recent raise. Reg CF · Class B Common Stock (non-voting) · Nov 2024 (Open) is more current.View latest round
Orbital Assembly Corporation

Reg CF · Common Stock · Nov 2021

ClosedReached targetReg CFCommon Equity
via NetcapitalView campaign
Raised
$1.3M / $4M max
33% of ceiling · target hit day 2
Investors
—
—
Post-money valuation
$41.6M
pre-money + amount raised

Raised over time

Cumulative raised
$1.3M$670K$0
Nov 8, 2021 · openedApr 30, 2022 · last reading
Target ($10K) hit — Nov 10, 2021, day 2$1.0M raised — Feb 4, 2022Deadline Apr 29, 2022

Left axis: cumulative dollars raised. Live figures via Netcapital; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2019–FY2020 · hover for source
$0
−$8K
FY2019
$0
−$103K
FY2020
RevenueNet income
Metric
FY2019 reviewed
FY2020 audited
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$7,703
-$102,529
Taxes paid
$0
$0
Balance sheet
Cash
$497
$14,958
Accounts receivable
$0
$0
Total assets
$497
$57,658
Short-term debt
$0
$0
Long-term debt
$0
$158,348
Total liabilities
$0
$158,348
Other
Headcount
0
0

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. Mar 29, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Feb 23, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  3. Feb 10, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  4. Jan 11, 2022
    Terms not yet extracted from this filing
    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$40.2M
Post-money$41.6M
Price / share$0.42
Price / share today$2.10
Shares offered23,810

$0.42 as sold; $2.10 after the Sep 2022 split (1:5) (Form C, p. 18).

Down round. Priced 65% below Section 4(a)(2) Private Offering (2021) (Apr 2021) on a split-adjusted basis: $2.10 vs $6.0275 a share in today's terms.

Offering details

Target$10,000
Max$4,000,000
Min investment$100
OpenedNov 8, 2021
DeadlineApr 29, 2022
ClosedApr 29, 2022
Days active172

Links & provenance

Campaign pageSEC filing
Source: Manual
0001669191-21-001107

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.