Hightag Inc
View this filing on EDGAR (filing index, accession 0002059596-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Hightag Inc | (Form C, issuer information) |
|---|---|---|
| State | AR | (Form C, issuer information) |
| Platform | OpenDeal Portal LLC | (Form C, issuer information) |
| Filing date | 2025-09-12 | (EDGAR filing index) |
| Date of incorporation | 2022-09-27 | (Form C, issuer information) |
| Employees | 3 | (Form C, issuer information) |
| Security offered | Other Common Stock | (Form C, offering information) |
| Price per security | $2 | (Form C, offering information) |
| Target amount | $75,000 | (Form C, offering information) |
| Maximum ask | $1,234,999 | (Form C, offering information) |
| Offering deadline | 2025-12-15 | (Form C, offering information) |
| Platform compensation | Issuer shall compensate the Intermediary with a cash fee equal to the greater of $15K or an amount determined under the following schedule: 0% of proceeds raised up to $100K, and 6% of all proceeds raised exceeding $100,000.01, but not to exceed Maximum. | (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 | $22,963 | $3,356 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$76,648 | -$141,067 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $113,529 | $17,123 | (Form C, financial summary) |
| Accounts receivable | $114,589 | $18,139 | (Form C, financial summary) |
| Total assets | $161,354 | $46,627 | (Form C, financial summary) |
| Short-term debt | $10,576 | $15,110 | (Form C, financial summary) |
| Long-term debt | $162,409 | $166,500 | (Form C, financial summary) |
Mechanical checks that fired
- Net loss in both years. Net income is negative in both fiscal years 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.hightag.com
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