Naqi Logix

Naqi Logix

Growth Stage

Command your world

Command your world

Overview

Raised to Date: Raised: $1,120,832

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

07/25/2022

Close Date

06/29/2023

Min. Goal
$1,500
Max. Goal
$10,000,000
Min. Investment

$1,500

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$96,947,748

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/01/2023

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

$3,306

# of Investors

328

Momentum
Funded
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Year Founded

2020

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Vancouver, British Columbia

Business Type

Growth

Naqi Logix is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. It is a technology company developing the Naqi Earbuds and the Naqi Framework. Naqi Earbuds will enable users to control their IoT environment without interacting with the devices with controlled and Naqi Framework enables OEMs of wearable devices to create discreet and inconspicuous user interfaces. The revolutionary technology of Naqi Logix transforms micro gestures into instant commands to control all the devices. Mark Godsy and Dave Segal founded Naqi Logix in 2020. The current crowdfunding campaign has a maximum target of $10,000,000. The campaign proceeds will be used for technology development, marketing, business development, and working capital.

Balance Sheet

Cash and Cash Equivalents

$1,112,045

Accounts and Notes Receivable

$8,800

Property, Plant and Equipment (PP&E)

$673,300

Total Assets

$1,794,145

Accounts Payable & Accrued Liabilities

$542,755

Long Term Debt

$0

Total Liabilities

$542,755

Total Stockholders' Equity

$1,251,390

Total Liabilities and Equity

$1,794,145

Statement of Comprehensive Income Information

Costs & Expenses Applicable to Rev

$719,027

Net Income

$719,027

Earnings Per Share - Basic

$-0.05

Earnings Per Share - Diluted

$-0.05

Auditor: BDO Canada LLP
Financials as of: 07/25/2022
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Naqi Logix on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $96,947,748
Price per Share: $2.00

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