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Kurve Therapeutics on Rialto Markets 2022

Date:

Platform

Rialto Markets

Start Date

08/03/2022

Close Date

08/03/2023

Min. Goal

$580

Max. Goal

$50,000,000

Min. Investment

$580

Security Type

Equity – Common

Funding Type

RegA+

Series

Series A

Price Per Share

$5.80

Pre-Money Valuation

$291,787,299

Location

Lynnwood, Washington

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Kurve Therapeutics is raising funds through Reg A+ crowdfunding with Rialto Markets as the Broker-Dealer. The company has developed its patented Controlled Particle Dispersion (CPD) intranasal drug delivery technology. The technology creates a focused flow through the curved pathways of the nasal cavity and allows access to the olfactory region to treat neurogenerative diseases. Kurve Therapeutics’ technology has been featured in multiple publications and has completed Phase II studies on Alzheimer’s patients. Marc Giroux, Tom McDowell, and Glenn Cornett founded Kurve Therapeutics in 2019. The current crowdfunding campaign has a maximum target of $50,000,000. The campaign proceeds will be used for asset purchase, marketing, clinical studies, contract manufacturing, and working capital.

Balance Sheet

Cash and Cash Equivalents

$373,804

Accounts and Notes Receivable

$15,000

Total Assets

$640,574

Accounts Payable & Accrued Liabilities

$28,331

Long Term Debt

$507,500

Total Liabilities

$606,726

Total Stockholders’ Equity

$33,848

Total Liabilities and Equity

$640,574

Statement of Comprehensive Income Information

Total Revenues

$70,700

Costs & Expenses Applicable to Rev

$128,344

Net Income

$-65,427

Earnings Per Share – Basic

$0.00

Earnings Per Share – Diluted

$0.00

Auditor: Assurance Dimensions

Financials as of: 08/03/2022

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