OfferingRegistry
Offerings / Regulation A+ / Timeplast, Inc.

Timeplast, Inc.

Regulation A+ Tier 2 offering via DealMaker Securities · Form 1-A filed October 9, 2026 · Winter Springs, Florida

Reg A+ Tier 2FiledRepeat issuerEquityEarly revenueIndustrial and manufacturingChemical technology: water-soluble polymer resins, 3D printing filaments and depolymerization equipment

Timeplast, Inc., a Delaware corporation formed in Florida in 2013, develops and manufactures water-soluble pelletized resins, 3D printing filaments and the Pabyss depolymerization reactor, and sells mainly filaments directly to consumers. The company has early revenue of $171,108 for fiscal 2025 and an accumulated deficit of $7,041,682, and is offering up to 6,088,457 shares of common stock at $4.93 per share on a best-efforts basis, with an aggregate offering value of about $30.7 million.

Registry notesThe auditor's report and the circular describe substantial doubt about the company's ability to continue as a going concern, with a fiscal 2025 net loss of $2,779,776 and only $1,291,507 in cash; nearly all revenue ($171,108 in 2025 and $48,529 in 2024) came from TimeMass filaments developed and supplied by String Cubed, Inc., which is wholly owned by CEO Manuel Rendon, and investors must grant an irrevocable proxy to the CEO, who will retain voting control. The Part I maximum aggregate offering of $30,668,239 differs from the circular's total of $30,782,461.41 including Bonus Shares and Processing Fees, and the circular states the aggregate offering price of $31,421,108.55 in the Order Form at full subscription.

Profile details below were extracted automatically from the issuer's offering circular and exhibits. Terms, financials and the service provider table come directly from the SEC's structured Part I data of Form 1-A.

Offering terms

Security
Equity (common or preferred stock)
Tier
Tier 2
Maximum aggregate offering
$30,668,239
Price per security
$4.93
Securities offered
6,065,865
Securities outstanding
48,157,467
Offered by issuer
$30,221,369
Offered by selling holders
$446,870
Estimated net proceeds
$28,331,158
Offering type
Continuous or delayed offering; best efforts
Financial statements
Audited, Set Apart Accountancy Corp.
Underwriter / broker-dealer
Dealmaker Securities, LLC
Broker-dealer, CRD 315324
Qualification date
Not yet qualified
Status
Filed
Testing the waters
Yes
Offered in
52 states

Fees and service providers in Part I

RoleFirmFee
UnderwriterDealmaker Securities, LLC$608,817
Sales commissionsDealmaker Securities, LLC$1,179,645
AuditorSet Apart Accountancy Corp.$21,750
Legal counselCrowdCheck$65,000
Blue skyVarious State Fees$15,000

As named in the Part I summary of the Form 1-A (item 5). Fees are anticipated amounts for the offering as filed.

Financials as filed

ItemMost recent fiscal year
Revenue$171,108
Cost and expenses applicable to revenue$141,866
Depreciation and amortization$38,757
Net income (loss)-$2,779,776
Earnings (loss) per share, basic-0.06
Earnings (loss) per share, diluted-0.06
Total assets$2,204,142
Cash and equivalents$1,291,507
Investment securities$0
Accounts receivable$0
Property, plant and equipment$155,059
Accounts payable$196,763
Long-term debt$0
Total liabilities$307,327
Total stockholders' equity$1,896,815

One fiscal year as reported in Part I of Form 1-A. 8 employees (5 full time, 3 part time).

Securities outstanding

ClassTypeOutstanding
Common StockCommon equity48,157,467

Unregistered securities issued in the last three years

SecurityAmount issuedTo principal holdersConsideration
Common Stock2,799,5070$4,849,873.36, representing $1.89 per share of Common Stock, not including issuance of bonus shares, and including a 3% transaction fee.

Exemption relied on: Regulation Crowdfunding.

Use of proceeds

At $5,000,000 raised: research and development $2,050,727 (45%), scaling operations and market expansion $1,139,293 (25%), payroll $911,434 (20%), working capital $455,717 (10%); net proceeds $4,557,171 after underwriting commissions of $442,829. At $15,000,000: research and development $6,295,204 (45%), scaling operations $3,497,335 (25%), payroll $2,797,868 (20%), working capital $1,398,934 (10%); net $13,989,342. At $25,003,949: research and development $10,444,992 (45%), scaling operations $5,902,773 (25%), payroll $4,642,219 (20%), working capital $2,321,109 (10%); net $23,211,094. Working capital includes broker fees and other offering expenses (estimated $146,750). No proceeds to repay accrued CEO payroll, which the CEO has waived.

Valuation

Cash shares priced at $4.93 per share plus a 3.0% Processing Fee ($5.0779 per share including fee). Bonus Shares of 0% to 17.5% of cash shares purchased, which the company states lowers the effective price to $4.1957 per share at the maximum bonus. Company board bylaws reference a current valuation of $40,000,000 for certain approval thresholds. Pre-offering shares outstanding 48,157,467.

Prior raises

Prior Regulation CF offerings: a 2022-2023 offering sold 5,357,960 shares and a 2024-2025 offering sold 2,799,507 shares, with investors granting proxies to the CEO. Common stock issued for cash of $365,643 in 2024 (290,986 shares) and $4,272,512 in 2025 (2,509,859 shares). A $500,000 convertible note was repaid in 2024. A stockholder litigation settlement required a $60,000 payment (paid).

Financial statements

Audited. Financial statements for fiscal years ended December 31, 2025 and 2024 were audited by SetApart Accountancy Corp. (Calabasas, California), with an unmodified opinion that includes a material uncertainty paragraph on going concern.