Alternative Ballistics

Alternative Ballistics

Growth Stage

Overview

Raised this Round: Raised: $203,500

Total Commitments ($USD)

Platform

Issuance

Start Date

02/26/2024

Close Date

Not Provided

Min. Goal
$2,000
Max. Goal
$11,885,990
Min. Investment

$2,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$323,091,492

Year Founded

2020

Industry

Security, Cybersecurity, & Defense

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Las Vegas, Nevada

Business Type

Growth

Alternative Ballistics is raising funds on Issuance through Reg A+ crowdfunding. It is a less-lethal ammunition company that makes and distributes less-lethal impact rounds. Alternative Ballistics’ less-lethal impact round, The Alternative, is designed for the law enforcement industry and is undergoing pilot programs with US police departments. The device consists of a specialized alloy projectile and works as a de-escalation tool to preserve lives and ensure officers’ safety. Steven Luna founded Alternative Ballistics in 2020. The current crowdfunding campaign has a maximum target of $11.9 million. The campaign proceeds will be used for salaries and recruitment, sales and marketing, working capital, manufacturing, legal fees, and research and development.

Balance Sheet

Cash and Cash Equivalents

$45,323

Investment Securities

$0

Accounts and Notes Receivable

$2,279

Property, Plant and Equipment (PP&E)

$30,481

Property and Equipment

$30,481

Total Assets

$105,990

Accounts Payable & Accrued Liabilities

$685,565

Long Term Debt

$0

Total Liabilities

$2,735,565

Total Stockholders' Equity

$-2,629,575

Total Liabilities and Equity

$105,990

Statement of Comprehensive Income Information

Total Revenues

$2,279

Costs & Expenses Applicable to Rev

$357

Depreciation and Amortization

$5,042

Net Income

$-3,613,213

Earnings Per Share - Basic

$-0.06

Earnings Per Share - Diluted

$-0.06

Auditor: M&K CPAS, PLLC
Financials as of: 02/26/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Alternative Ballistics 07/03/2024 Issuance $323,091,492 $203,500 Equity - Common Not Funded RegA+

No prior online funding rounds.

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Alternative Ballistics on Issuance 2024
Platform: Issuance
Security Type: Equity - Common
Valuation: $323,091,492
Price per Share: $2.00

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