PROSPEROAI LLC
View this filing on EDGAR (filing index, accession 0002075364-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | PROSPEROAI LLC | (Form C, issuer information) |
|---|---|---|
| State | NY | (Form C, issuer information) |
| Platform | OpenDeal Portal LLC | (Form C, issuer information) |
| Filing date | 2025-08-01 | (EDGAR filing index) |
| Date of incorporation | 2018-11-02 | (Form C, issuer information) |
| Employees | 0 | (Form C, issuer information) |
| Security offered | Other SAFE (Simple Agreement for Future Equity) | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $75,000 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2025-10-30 | (Form C, offering information) |
| Platform compensation | Issuer will pay the Intermediary the greater of: (A) cash fee equal to (1) 0% of funds raised up to $100,000 & (2) 5% of funds raised between $100,000.01 and $5,000,000, or (B) a flat fee of $15,000. Issuer will pay a non-refundable onboarding fee of $7500 | (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 | $60,434 | $14,122 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$804,304 | -$256,755 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $63,630 | $64,475 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $425,620 | $214,475 | (Form C, financial summary) |
| Short-term debt | $548,744 | $294,573 | (Form C, financial summary) |
| Long-term debt | $1,125,587 | $364,309 | (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: 0002075364-25-000001.
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
- 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: 0002075364-25-000001.
"Related Party Loans During the years presented, the Company borrowed money from the founder and the member, George Kallas."
"RELATED PARTY TRANSACTIONS In prior periods, the Company received non-interest-bearing loans from its founder and largest member, George Kailas."
- 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.
- 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.prospero.ai/
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