Form C: Issuer Information

Issuer Information

Name of Issuer:

Acres Technology

Describe the Nature of the Amendment:

Updated exhibit of the investment page

Legal Status of Issuer:

Form:

Corporation

Jurisdiction of Incorporation/Organization:

NEVADA

Date of Incorporation/Organization:

06-22-2007

Physical Address of Issuer:

Address 1:

8400 West Sunset Drive

Address 2:

Suite 230

City:

Las Vegas

State/Country:

NEVADA

Mailing Zip/Postal Code:

89113

Website of Issuer:

acrestechnology.com

Intermediary through which the Offering will be Conducted:

CIK:

0001872856

Company Name:

DEALMAKER SECURITIES LLC

Commission File Number:

008-70756

CRD Number:

000315324

Form C: Offering Information

Offering Information

Amount of compensation to be paid to the intermediary, whether as a dollar amount or a percentage of the offering amount, or a good faith estimate if the exact amount is not available at the time of the filing, for conducting the offering, including the amount of referral and any other fees associated with the offering:

DealMaker Securities LLC will receive cash compensation of 8.5% of the aggregate amount raised, and a one-time advance of $30,000 for diligence and onboarding, and $12,000/month for account management and marketing services.

Any other financial interest in the issuer held by the intermediary, or any arrangement for the intermediary to acquire such an interest:

None

Type of Security Offered:

Other

Specify:

Non-Voting Common Stock

Target Number of Securities to be Offered:

3030

Price:

3.30000

Target Offering Amount:

10298.97

Maximum Offering Amount (if different from Target Offering Amount):

999999.40

Oversubscriptions Accepted:

Yes

If yes, disclose how oversubscriptions will be allocated:

Other

Provide a description:

At the discretion of the company

Deadline to reach the Target Offering Amount:

04-30-2025

NOTE: If the sum of the investment commitments does not equal or exceed the target offering amount at the offering deadline, no securities will be sold in the offering, investment commitments will be cancelled and committed funds will be returned.

Form C: Annual Report Disclosure Requirements

Annual Report Disclosure Requirements

Current Number of Employees:

4.00

Total Assets Most Recent Fiscal Year-end:

23008744.00

Total Assets Prior Fiscal Year-end:

16410326.00

Cash and Cash Equivalents Most Recent Fiscal Year-end:

1892509.00

Cash and Cash Equivalents Prior Fiscal Year-end:

727475.00

Accounts Receivable Most Recent Fiscal Year-end:

552694.00

Accounts Receivable Prior Fiscal Year-end:

80949.00

Short-term Debt Most Recent Fiscal Year-end:

16020094.00

Short-term Debt Prior Fiscal Year-end:

7766889.00

Long-term Debt Most Recent Fiscal Year-end:

28874428.00

Long-term Debt Prior Fiscal Year-end:

20147255.00

Revenue/Sales Most Recent Fiscal Year-end:

6346196.00

Revenue/Sales Prior Fiscal Year-end:

12040524.00

Cost of Goods Sold Most Recent Fiscal Year-end:

5222204.00

Cost of Goods Sold Prior Fiscal Year-end:

7965012.00

Taxes Paid Most Recent Fiscal Year-end:

0.00

Taxes Paid Prior Fiscal Year-end:

0.00

Net Income Most Recent Fiscal Year-end:

-9006842.00

Net Income Prior Fiscal Year-end:

-10945340.00