Brain Scientific

Brain Scientific

Early Stage

Disrupting MedTech

Disrupting MedTech

Overview

Raised to Date: Raised: $31,140

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

12/13/2020

Close Date

Not Provided

Min. Goal
$500
Max. Goal
$10,000,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$12.50

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2021

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$85

# of Investors

10

Momentum
Funded
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Year Founded

2015

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Location

Brooklyn, New York

Company Website

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

Accounts and Notes Receivable

$6,528

Property, Plant and Equipment (PP&E)

$992
Total Assets

$86,214

Accounts Payable & Accrued Liabilities

$670,946

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

Costs & Expenses Applicable to Rev

$62,832
Net Income

$-1,815,671

Earnings Per Share - Basic

$-0.09

Earnings Per Share - Diluted

$-0.09
Auditor: Sadler, Gibb & Associates, LLC
Financials as of: 12/13/2020
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Brain Scientific on Dalmore Group 2021
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $12.50

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Deal Analytics
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