![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Allied Corp (QB) | USOTC:ALID | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.033 | 35.87% | 0.125 | 0.085 | 0.1438 | 0.125 | 0.085 | 0.085 | 10,486 | 21:00:00 |
FORM 1-A
OMB Number: 3235-0286
Estimated average burden hours per response: 608.0
Issuer CIK | 0001575295 |
Issuer CCC | XXXXXXXX |
DOS File Number | |
Offering File Number | 024-11550 |
Is this a LIVE or TEST Filing? | ☒ LIVE ☐ TEST |
Would you like a Return Copy? | ☐ |
Notify via Filing Website only? | ☐ |
Since Last Filing? | ☐ |
Name | |
Phone | |
E-Mail Address |
Exact name of issuer as specified in the issuer's charter | Allied Corp. |
Jurisdiction of Incorporation / Organization |
NEVADA
|
Year of Incorporation | 2018 |
CIK | 0001575295 |
Primary Standard Industrial Classification Code | RETAIL-DRUG STORES AND PROPRIETARY STORES |
I.R.S. Employer Identification Number | 33-1227173 |
Total number of full-time employees | 15 |
Total number of part-time employees | 0 |
Address 1 | 1405 St. Paul St., Suite 201 |
Address 2 | |
City | Kelowna |
State/Country |
BRITISH COLUMBIA, CANADA
|
Mailing Zip/ Postal Code | V1Y 9N2 |
Phone | 877-255-4337 |
Name | M. Richard Cutler |
Address 1 | |
Address 2 | |
City | |
State/Country | |
Mailing Zip/ Postal Code | |
Phone |
Industry Group (select one) | ☐ Banking ☐ Insurance ☒ Other |
Cash and Cash Equivalents |
$
822586.00 |
Investment Securities |
$
0.00 |
Total Investments |
$
|
Accounts and Notes Receivable |
$
0.00 |
Loans |
$
|
Property, Plant and Equipment (PP&E): |
$
209269.00 |
Property and Equipment |
$
|
Total Assets |
$
7712221.00 |
Accounts Payable and Accrued Liabilities |
$
1551666.00 |
Policy Liabilities and Accruals |
$
|
Deposits |
$
|
Long Term Debt |
$
1596522.00 |
Total Liabilities |
$
4897674.00 |
Total Stockholders' Equity |
$
2814547.00 |
Total Liabilities and Equity |
$
7712221.00 |
Total Revenues |
$
5260.00 |
Total Interest Income |
$
|
Costs and Expenses Applicable to Revenues |
$
5625644.00 |
Total Interest Expenses |
$
|
Depreciation and Amortization |
$
483872.00 |
Net Income |
$
-6648994.00 |
Earnings Per Share - Basic |
$
-0.08 |
Earnings Per Share - Diluted |
$
-0.08 |
Name of Auditor (if any) | Manning Elliott LLP |
Name of Class (if any) Common Equity | Common Equity |
Common Equity Units Outstanding | 87382037 |
Common Equity CUSIP (if any): | 019114107 |
Common Equity Units Name of Trading Center or Quotation Medium (if any) | OTCQB |
Preferred Equity Name of Class (if any) | Preferred Equity |
Preferred Equity Units Outstanding | 0 |
Preferred Equity CUSIP (if any) | |
Preferred Equity Name of Trading Center or Quotation Medium (if any) |
Debt Securities Name of Class (if any) | Debt Securities |
Debt Securities Units Outstanding | 1678191 |
Debt Securities CUSIP (if any): | N/A |
Debt Securities Name of Trading Center or Quotation Medium (if any) | N/A |
Check this box to certify that all of the following statements are true for the issuer(s)
☒
Check this box to certify that, as of the time of this filing, each person described in Rule 262 of Regulation A is either not disqualified under that rule or is disqualified but has received a waiver of such disqualification.
☒
Check this box if "bad actor" disclosure under Rule 262(d) is provided in Part II of the offering statement.
☐
Check the appropriate box to indicate whether you are conducting a Tier 1 or Tier 2 offering | ☐ Tier1 ☒ Tier2 |
Check the appropriate box to indicate whether the financial statements have been audited | ☐ Unaudited ☒ Audited |
Types of Securities Offered in this Offering Statement (select all that apply) |
☒Equity (common or preferred stock) |
☒Option, warrant or other right to acquire another security |
☒Security to be acquired upon exercise of option, warrant or other right to acquire security |
Does the issuer intend to offer the securities on a delayed or continuous basis pursuant to Rule 251(d)(3)? | ☒ Yes ☐ No |
Does the issuer intend this offering to last more than one year? | ☐ Yes ☒ No |
Does the issuer intend to price this offering after qualification pursuant to Rule 253(b)? | ☐ Yes ☒ No |
Will the issuer be conducting a best efforts offering? | ☒ Yes ☐ No |
Has the issuer used solicitation of interest communications in connection with the proposed offering? | ☒ Yes ☐ No |
Does the proposed offering involve the resale of securities by affiliates of the issuer? | ☐ Yes ☒ No |
Number of securities offered | 20000000 |
Number of securities of that class outstanding | 87382037 |
Price per security |
$
1.0000 |
The portion of the aggregate offering price attributable to securities being offered on behalf of the issuer |
$
20000000.00 |
The portion of the aggregate offering price attributable to securities being offered on behalf of selling securityholders |
$
0.00 |
The portion of the aggregate offering price attributable to all the securities of the issuer sold pursuant to a qualified offering statement within the 12 months before the qualification of this offering statement |
$
0.00 |
The estimated portion of aggregate sales attributable to securities that may be sold pursuant to any other qualified offering statement concurrently with securities being sold under this offering statement |
$
0.00 |
Total (the sum of the aggregate offering price and aggregate sales in the four preceding paragraphs) |
$
20000000.00 |
Underwriters - Name of Service Provider | Boustead Securities LLC | Underwriters - Fees |
$
100000.00 |
Sales Commissions - Name of Service Provider | Boustead Securities LLC | Sales Commissions - Fee |
$
1400000.00 |
Finders' Fees - Name of Service Provider | Finders' Fees - Fees |
$
0.00 | |
Audit - Name of Service Provider | Manning Elliott LLP | Audit - Fees |
$
25000.00 |
Legal - Name of Service Provider | Cutler Law Group P.C. | Legal - Fees |
$
50000.00 |
Promoters - Name of Service Provider | Promoters - Fees |
$
0.00 | |
Blue Sky Compliance - Name of Service Provider | Cutler Law Group P.C. | Blue Sky Compliance - Fees |
$
7500.00 |
CRD Number of any broker or dealer listed: | 141391 |
Estimated net proceeds to the issuer |
$
18367500.00 |
Clarification of responses (if necessary) | Net Proceeds Calculation of $18,367,500 includes Additional Estimated Fees of: Transfer Agent Fees of $20,000, road show costs of $26,500 and FINRA Filing Fees of $3,500. |
Selected States and Jurisdictions |
ALASKA
ALABAMA
ARKANSAS
ARIZONA
CALIFORNIA
COLORADO
CONNECTICUT
DISTRICT OF COLUMBIA
DELAWARE
FLORIDA
GEORGIA
HAWAII
IOWA
IDAHO
ILLINOIS
INDIANA
KANSAS
KENTUCKY
LOUISIANA
MASSACHUSETTS
MARYLAND
MAINE
MICHIGAN
MINNESOTA
MISSOURI
MISSISSIPPI
MONTANA
NORTH CAROLINA
NORTH DAKOTA
NEBRASKA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEVADA
NEW YORK
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VIRGINIA
VERMONT
WASHINGTON
WISCONSIN
WEST VIRGINIA
WYOMING
ALBERTA, CANADA
BRITISH COLUMBIA, CANADA
MANITOBA, CANADA
NEW BRUNSWICK, CANADA
NEWFOUNDLAND, CANADA
NOVA SCOTIA, CANADA
ONTARIO, CANADA
PRINCE EDWARD ISLAND, CANADA
QUEBEC, CANADA
SASKATCHEWAN, CANADA
YUKON, CANADA
CANADA (FEDERAL LEVEL)
|
None | ☐ |
Same as the jurisdictions in which the issuer intends to offer the securities | ☒ |
Selected States and Jurisdictions |
ALASKA
ALABAMA
ARKANSAS
ARIZONA
CALIFORNIA
COLORADO
CONNECTICUT
DISTRICT OF COLUMBIA
DELAWARE
FLORIDA
GEORGIA
HAWAII
IOWA
IDAHO
ILLINOIS
INDIANA
KANSAS
KENTUCKY
LOUISIANA
MASSACHUSETTS
MARYLAND
MAINE
MICHIGAN
MINNESOTA
MISSOURI
MISSISSIPPI
MONTANA
NORTH CAROLINA
NORTH DAKOTA
NEBRASKA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEVADA
NEW YORK
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VIRGINIA
VERMONT
WASHINGTON
WISCONSIN
WEST VIRGINIA
WYOMING
ALBERTA, CANADA
BRITISH COLUMBIA, CANADA
MANITOBA, CANADA
NEW BRUNSWICK, CANADA
NEWFOUNDLAND, CANADA
NOVA SCOTIA, CANADA
ONTARIO, CANADA
PRINCE EDWARD ISLAND, CANADA
QUEBEC, CANADA
SASKATCHEWAN, CANADA
YUKON, CANADA
CANADA (FEDERAL LEVEL)
|
None ☐
As to any unregistered securities issued by the issuer of any of its predecessors or affiliated issuers within one year before the filing of this Form 1-A, state:
(a)Name of such issuer | Allied Corp. |
(b)(1) Title of securities issued | Common stock |
(2) Total Amount of such securities issued | 761044 |
(3) Amount of such securities sold by or for the account of any person who at the time was a director, officer, promoter or principal securityholder of the issuer of such securities, or was an underwriter of any securities of such issuer. | 0 |
(c)(1) Aggregate consideration for which the securities were issued and basis for computing the amount thereof. | Aggregate consideration $586,044, 200,000 shares issued at $1.25 per share. 111,044 shares issued for forgiveness of debt of $111,044 and 450,000 shares issued at $0.50 per share. |
(2) Aggregate consideration for which the securities listed in (b)(3) of this item (if any) were issued and the basis for computing the amount thereof (if different from the basis described in (c)(1)). |
As to any unregistered securities issued by the issuer of any of its predecessors or affiliated issuers within one year before the filing of this Form 1-A, state:
(a)Name of such issuer | Allied Corp. |
(b)(1) Title of securities issued | Convertible notes |
(2) Total Amount of such securities issued | 1224891 |
(3) Amount of such securities sold by or for the account of any person who at the time was a director, officer, promoter or principal securityholder of the issuer of such securities, or was an underwriter of any securities of such issuer. | 0 |
(c)(1) Aggregate consideration for which the securities were issued and basis for computing the amount thereof. | $1,984,891 original principal amount including $1,704,891 convertible at $1.25 per share and $280,000 convertible at $1.00 per share. |
(2) Aggregate consideration for which the securities listed in (b)(3) of this item (if any) were issued and the basis for computing the amount thereof (if different from the basis described in (c)(1)). |
(e) Indicate the section of the Securities Act or
Commission rule or regulation relied upon for exemption from the
registration requirements of such Act and state briefly the facts
relied upon for such exemption
Your Recent History![]() It looks like you are not logged in. Click the button below to log in and keep track of your recent history. Support: +44 (0) 203 8794 460 | support@advfn.com By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions |