Celestis, Inc. has announced a new private offering aimed at raising $500,000, with $175,000 already sold as of the filing date of October 28, 2026. This move is significant for the company as it seeks to bolster its working capital.

Based in Spring, Texas, Celestis, Inc. operates as a corporation and is involved in the private offering of securities. The company has been active in the market, filing a Form D with the SEC to indicate its intent to pursue this funding route. The filing also indicates that the company does not plan to allocate specific amounts of the raised funds to executive compensation, although ordinary salaries and benefits may be covered.

The filing states, "Proceeds are intended for working capital." This suggests that the company is focusing on strengthening its operational capabilities and financial health.

This offering may affect various stakeholders, including the existing investors and potential new investors. With three investors already involved, the company is positioning itself to attract additional interest in the offering.

As for the next steps, the filing does not specify what will happen next regarding the offering or any further actions the company may take.

Company Overview

Celestis, Inc. is incorporated in Texas and has been in operation for over five years. The company is headquartered at 19535 Champion Forest Drive, Suite B, Spring, TX 77379, and can be reached at 281-971-4091.

Executive Team

The filing lists several key executives and directors, including Charles M. Chafer, who serves as both an Executive Officer and Director, and Andrea QasGuargis, also an Executive Officer. Other notable directors include Harvin Cooper Moore, Glen Waltrip, Richard Godwin, and several others who contribute to the company's governance.

Offering Details

The offering is structured under Rule 506(b), which provides a safe harbor for private offerings, indicating that the company is adhering to regulatory standards. The total offering amount is set at $500,000, with a minimum investment accepted of $0, allowing for flexible participation from investors. The filing also notes that there are no sales commissions or finders' fees associated with this offering.

Investor Composition

As of the filing date, three investors have already participated in the offering, and the company has confirmed that it does not have any non-accredited investors involved in this round of funding.

Financial Disclosures

Celestis, Inc. has chosen not to disclose its revenue range, indicating a level of confidentiality regarding its financial performance. The filing does not provide specific details on the use of proceeds beyond the general statement for working capital.

Next Steps

While the filing confirms the effectiveness date as October 28, 2026, it does not outline any further actions or timelines regarding the offering or the company's strategic plans moving forward.