Classworx, Inc. Announces FORM S1 Filing with S.E.C.
Classworx Inc. (OTC PINK: CHNO) has filed its FORM S1 with the U.S. SEC, as part of its goal to become a fully reporting publicly traded company. The filing, completed on June 3, 2021, includes audited financials for 2019 and 2020. The S1 pricing is set at $5.00 per share, with a total of 5 million shares available, potentially raising $25 million for development, advertising, and marketing purposes.
The company aims to enhance its platform, Classworx.com, which connects users hosting Zoom events.
- Filed FORM S1 with SEC, a step towards becoming a fully reporting company.
- Successfully completed two years of audited financials for 2019 and 2020.
- S1 priced at $5.00 per share, potentially raising $25 million if fully subscribed.
- Current stock price is lower than the S1 offering price, indicating potential investor reluctance.
ATLANTA, GA / ACCESSWIRE / June 8, 2021 / Classworx Inc., a Delaware Corporation (OTC PINK:CHNO), owner of Classworx.com, a community for people hosting Zoom events that can list their Zoom classes, performances and events inside their Classworx profile on ClassWorx.com.announces its FORM S1 Filing with S.E.C.
Classworx provides its individual members and studio and or business owners that have instructors and teachers that work for them the tools to create profiles and list their upcoming virtual events held on Zoom (ZM). Classworx markets and advertises its members and their classes to drive potential attendees to the events held on Zoom. Hosts of events can charge to attend or offer the event(s) free. Payments of events are processed through Stripe and are directly deposited into the bank account that the member of Classworx linked to their Classworx account.
Classworx, Inc. has completed the company audit with the Auditing Firm BF Borgers CPA PC Certified, Public Accountants. The company completed two years of audited financials that include 2019 and 2020. The Form S1 includes year ending December 31, 2019 and December 31, 2020 audited financials.
The Law Offices of Thomas C. Cook has prepared the FORM S1 for filing and it has been submitted through EDGAR on June 3,2021.
Raymond Firth stated, 'We are continuing to make strides to become a fully reporting publicly traded company. This step was critical to one day up list from the pink sheets.'
THE FOLLOWING SUBMISSION HAS BEEN ACCEPTED BY THE U.S. SECURITIES AND EXCHANGE COMMISSION.
COMPANY: CLASSWORX INC
FORM TYPE: S-1 NUMBER OF DOCUMENTS: 6
RECEIVED DATE: 03-Jun-2021 16:51 ACCEPTED DATE: 03-Jun-2021 17:08
FILING DATE: 03-Jun-2021 16:51
TEST FILING: NO CONFIRMING COPY: NO
FILE NUMBER(S):
1. 333-256758
REGISTRANT(S):
1. CIK: 0001530874
COMPANY: CLASSWORX INC
ACCELERATED FILER STATUS: NOT APPLICABLE
FORM TYPE: S-1
FILE NUMBER(S):
1. 333-256758
About The Law Offices of Thomas C. Cook
The Law Offices of Thomas C. Cook was formed in Las Vegas, Nevada, in 1997, with a principal focus of representing public companies before the United States Securities and Exchange Commission, FINRA, OTC Markets, LLC, and the various state securities authorities. Thomas C. Cook, Esq., the firm's principal attorney, has over two decades of experience in corporate and securities law, including but not limited to corporate formation and governance, securities registrations and compliance, mergers and acquisitions, and the issuance of securities-related opinions. Mr. Cook received his bachelor of arts from Occidental College in 1990 and his Juris Doctor from Whittier Law School in 1993.
About BF Borgers CPA, PC
At BF Borgers CPA, PC, we have built our practice by providing exceptional service to our clients through our commitment to our firm culture and values based on the three underlying principals Professionalism, Responsiveness, Quality.
About Classworx, Inc. (formerly known as Chill N Out Cryotherapy, Inc.)
Chill N Out Cryotherapy, Inc. now known as Classworx, Inc. (OTC PINK:CHNO), a Delaware Corporation, owns and operates ClassWorx.com. Classworx, Inc. currently trades on the OTC Pinks under the stock symbol CHNO. Classworx provides an internet-based, global network-directory of people offering Virtual classes or events utilizing video conferencing to remotely deliver individual or group instruction in a broad range of disciplines ('virtual classes'). The Company is based in the Atlanta, Georgia, area spans a global outreach through the worldwide web.
Safe Harbor:
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of Findit Inc. to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Findit Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.
CONTACT:
Raymond Firth
470-448-4734
SOURCE: Classworx
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https://www.accesswire.com/650750/Classworx-Inc-Announces-FORM-S1-Filing-with-SEC
FAQ
What is the purpose of Classworx's FORM S1 filing?
What financial years are included in Classworx's FORM S1?
How much capital does Classworx aim to raise with the S1 filing?
When was Classworx's FORM S1 filed with the SEC?
What will the proceeds from the S1 filing be used for?
