Castle Placement
Growth Stage
The Premier Private Capital Investment Bank
Overview
Platform
Self Managed
Start Date
09/26/2022
Close Date
Not Provided
Min. Goal
$250
Max. Goal
$75,000,000
Min. Investment
$250
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegA+
Price Per Share
$5.00
Pre-Money Valuation
$75,000,000
Year Founded
2009
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Castle Placement is raising funds independently through Reg A+ crowdfunding. The company offers a platform for private companies to raise equity and debt as capital. The data-driven technology platform of Castle Placement is led by an experienced investment banking team and has access to over 600,000 accredited investors and 64,500 private equity, venture capital, pension funds, hedge funds, and lenders. Castle Placement facilitates Reg A, Reg CF, and Reg D 506(c) offerings. Ken Margolis and Richard Luftig founded Castle Placement in 2009. The current crowdfunding campaign has a maximum target of $75 million. The campaign proceeds will be used for data and technology, marketing, business development, hiring, and working capital.
Balance Sheet
|
Cash and Cash Equivalents |
$1,328,654 |
|
Accounts and Notes Receivable |
$971 |
|
Property, Plant and Equipment (PP&E) |
$145 |
| Total Assets |
$1,329,760 |
|
Accounts Payable & Accrued Liabilities |
$75,305 |
|
Long Term Debt |
$0 |
|
Total Liabilities |
$75,305 |
|
Total Stockholders' Equity |
$1,254,455 |
| Total Liabilities and Equity |
$1,329,760 |
Statement of Comprehensive Income Information
|
Total Revenues |
$2,921,430 |
|
Costs & Expenses Applicable to Rev |
$149,500 |
|
Depreciation and Amortization |
$135,063 |
| Net Income |
$2,646,867 |
|
Earnings Per Share - Basic |
$0.17 |
|
Earnings Per Share - Diluted |
$0.08 |
Auditor: Rubio CPA PC
Financials as of: 09/26/2022
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