Brain Scientific

Early Stage

Disrupting MedTech

Analytics

Raised to Date: Raised: $31,140

Aggregate Commitments $

Platform

Dalmore Group

Start Date

12/14/2020

Close Date

12/14/2021

Min. Goal

$500

Max. Goal

$10,000,000

Min. Investment

$500

Security Type

Equity - Common

Funding Type

RegA+

Price Per Share

$12.50

Rolling Commitments $

Status
Funded
Reporting Date

12/31/2021

Days Remaining
Funded
% of Min. Goal

6,228%

% of Max. Goal

0%

Likelihood of Max
Funded
Avg. Daily Raise

$85

Momentum
Funded
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Location

Brooklyn, New York

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Brain Scientific is raising funds on Dalmore Group through Reg A+ crowdfunding. The business includes a couple of technology development companies working in the MedTech space. The companies under Brain Scientific are MemoryMD and Piezo Motion, both working towards research and development in neurology. Brain Scientific aims to provide a centralized platform for the acquisition and analysis of EEG data by combining medical device technology with telehealth services. Dr. Boris Goldstein founded Brain Scientific in 2015. The current crowdfunding campaign has no minimum target and a maximum target of $10,000,000. The campaign proceeds will be used for sales and business development, marketing, working capital, and AI prediction technology.

Balance Sheet

Cash and Cash Equivalents

$67,995

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$6,528

Loans

$0

Property, Plant and Equipment (PP&E)

$992

Property and Equipment

$0

Total Assets

$86,214

Accounts Payable & Accrued Liabilities

$670,946

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$3,705,886

Total Stockholders' Equity

$-3,619,672

Total Liabilities and Equity

$86,214

Statement of Comprehensive Income Information

Total Revenues

$86,659

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$62,832

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-1,815,671

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Auditor: Sadler, Gibb & Associates, LLC
Financials as of: 12/14/2020
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Brain Scientific on Dalmore Group 2021
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Platform: Dalmore Group
Security Type: Equity - Common

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