Kittyhawk.io re-opened its offering to place $200,000 more Change: offered +67% / raised +67% / placed 100%
XDATA - November 1st 2016
Kittyhawk.io re-opened and closed its unregistered equity offering after increasing the placement's size from $300,000 to $500,000. It appears the investor behind the close is the same as disclosed in the company's latest filing almost six months ago. The investor's original commitment stood at $300,000. The offering's expected net proceeds amount to $400,000, excluding $100,000 earmarked for the payment of officers' salaries.
Kittyhawk.io markets and develops a platform for commercial drone operators to stay compliant and generate PDF reports based on data that are ready to submit to the FAA for 333 reporting requirements.
Jonathan Hegranes (President) leads the San Francisco CA based company which was registered in 2015. Revenues on or below $1 million were reported by Kittyhawk.io. The executive team includes Joshua Ziering. The board of directors includes Jakub Kusmierz.
Offering recap Status: Completed Company: Kittyhawk.io Industry: Computers Amount offered: $500,000 Amount placed: $500,000 SEC filing: Source First sale: 05-24-2016 Data as of: 11-01-2016