Orbit Beyond, Inc.
View this filing on EDGAR (filing index, accession 0001213900-26-069548) | All Form C filings by this company on EDGAR
Filing details
| Company | Orbit Beyond, Inc. | (Form C, issuer information) |
|---|---|---|
| State | NJ | (Form C, issuer information) |
| Platform | Equifund Crowd Funding Portal Inc. | (Form C, issuer information) |
| Filing date | 2026-06-17 | (EDGAR filing index) |
| Date of incorporation | 2018-08-17 | (Form C, issuer information) |
| Employees | 23 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $2 | (Form C, offering information) |
| Target amount | $20,001 | (Form C, offering information) |
| Maximum ask | $4,999,999 | (Form C, offering information) |
| Offering deadline | 2026-12-31 | (Form C, offering information) |
| Platform compensation | Issuer will pay Intermediary an 8% commission on gross Offering proceeds, a one-time $35,000 onboarding fee, and Common Stock equal to 2% of shares sold at each closing. | (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 | -$487,798 | -$276,356 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $451 | $1,069 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $451 | $1,069 | (Form C, financial summary) |
| Short-term debt | $1,958,395 | $2,010,683 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (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: 0001213900-26-069548.
"Management believes that these plans are probable of being effectively implemented and, when implemented, will mitigate the conditions that raised substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued."
"These conditions, when considered in the aggregate, raised substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued."
- 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: 0001213900-26-069548.
"Padhi may prefer to pursue growth strategies, accept financing terms, or engage in related-party transactions that benefit his control position but that are less favorable to minority shareholders."
"........... 22 PRINCIPAL SHAREHOLDERS ....................................................................................................................... 34 OWNERSHIP AND CAPITAL STRUCTURE ................................................................................................. 35 CURRENT RELATIONSHIPS AND RELATED PARTY TRANSACTIONS ................................................ 41 TERMS OF THE OFFERING ........................................................................................................................... 42 DESCRIPTION OF OUR SHARES .........................."
- 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.
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
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.orbitbeyond.com
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