HeadVantage Corporation
View this filing on EDGAR (filing index, accession 0001669191-26-000212) | All Form C filings by this company on EDGAR
Filing details
| Company | HeadVantage Corporation | (Form C, issuer information) |
|---|---|---|
| State | VA | (Form C, issuer information) |
| Platform | NetCapital Funding Portal Inc. | (Form C, issuer information) |
| Filing date | 2026-07-15 | (EDGAR filing index) |
| Date of incorporation | 2021-04-19 | (Form C, issuer information) |
| Employees | 4 | (Form C, issuer information) |
| Security offered | Other SAFE | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $1,200,000 | (Form C, offering information) |
| Offering deadline | 2026-10-31 | (Form C, offering information) |
| Platform compensation | Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000 | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $0 | $0 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$112,770 | -$85,531 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $2,432 | $990 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $31,116 | $16,712 | (Form C, financial summary) |
| Short-term debt | $62,095 | $50,421 | (Form C, financial summary) |
| Long-term debt | $622,500 | $607,000 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001669191-26-000212, 0001669191-26-000216, 0001669191-26-000218, 0001669191-26-000225, 0001669191-26-000228.
"accompanying financial statements have been prepared assuming that the Company will continue as a going concern."
"accompanying financial statements have been prepared assuming that the Company will continue as a going concern."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001669191-26-000212, 0001669191-26-000216, 0001669191-26-000218, 0001669191-26-000225, 0001669191-26-000228.
"Noncurrent assets Equipment, gross Accumulated depreciation Equipment, net Capitalized technology & product development Total noncurrent assets Total assets $ $ Liabilities and shareholders' equity Liabilities Current liabilities Accounts payable and accrued expenses Total current liabilities Noncurrent liabilities Related party debt Total noncurrent liabilities Total liabilities Shareholders' equity Common stock, $0.01 par value, 5,000,000 shares authorized; 4,152,986 shares issued and outstanding SAFE's Additional paid-in capital Accumulated Deficit Total shareholders' equity Total liabiliti"
"Noncurrent assets Equipment, gross Accumulated depreciation Equipment, net Capitalized technology & product development Total noncurrent assets Total assets $ $ Liabilities and shareholders' equity Liabilities Current liabilities Accounts payable and accrued expenses Total current liabilities Noncurrent liabilities Related party debt Total noncurrent liabilities Total liabilities Shareholders' equity Common stock, $0.01 par value, 5,000,000 shares authorized; 4,152,986 shares issued and outstanding SAFE's Additional paid-in capital Accumulated Deficit Total shareholders' equity Total liabiliti"
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- No revenue. Revenue for the most recent fiscal year is $0 in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://www.headvantagefx.com/
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