American Weekend Entertainment
Early Stage
THE ULTIMATE GEN Z CONNECTION
Overview
Raised: $965
Total Commitments ($USD)
Platform
Netcapital
Start Date
11/01/2023
Close Date
01/12/2024
Min. Goal
$10,002
Max. Goal
$1,235,000
Min. Investment
$106
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$7.60
Pre-Money Valuation
$10,018,183
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
41
% of Min. Goal
10%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$31
Momentum
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
American Weekend Entertainment, with a valuation of $10 million, is raising funds on NetCapital. The company has developed a platform for brand marketers to connect with Gen Z through their love for music and pop culture. American Weekend Entertainment’s platform, Music Daily, also provides creators with the tools and training to produce multimedia programming and share through a network of mobile, online, audio, social media, and AVOD channels. Mel Adler founded American Weekend Entertainment in February 2019. The current crowdfunding campaign has a minimum target of $10,001.60 and a maximum target of $1.24 million. The campaign proceeds will be used for compensation, benefits, marketing and promotion, TV video production, AI development, IT and web support, and accounting fees.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$140 |
$3 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-129,467 |
$-85,768 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$56 |
$223 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$56 |
$223 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$242,541 |
$108,236 |
|
Total Liabilities |
$242,541 |
$108,236 |
Financials as of: 11/01/2023
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