David (previously Slingshot USA)

David (previously Slingshot USA)

Growth Stage

Animated feature film

Animated feature film

Overview

Raised to Date: Raised: $16,921,620

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

11/06/2023

Close Date

07/31/2024

Min. Goal
$99
Max. Goal
$37,500,000
Min. Investment

$99

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.65

Pre-Money Valuation

$61,735,979

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/27/2024

Days Remaining

94

% of Min. Goal

17,092,545%

% of Max. Goal

45%

Likelihood of Max
unlikely
Avg. Daily Raise

$97,813

# of Investors

5,318

Momentum
cold.svg
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Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Wilmington, Delaware

Business Type

Life Style

David has extended its project and requalified their previous Reg A+ crowdfunding deal with Dalmore Group. It is a feature-length animated film based on the biblical story of David. The film is under production and is under contract with a computer animation studio in Cape Town, South Africa, for the development and creation of David. David is in the process of story development, animatics, research and development, character design, music development, and pipeline development, and will be released in partnership with Angel Studios. David Michael Brett Johnson, Osment Philip Cunningham, and Sanet Kritzinger founded Slingshot USA in 2021. The current crowdfunding campaign has a maximum target of $37.5 million, to reach the project total of $60.9M. The campaign proceeds will be used for marketing, advertising, production expenses, and miscellaneous expenses.

Balance Sheet

Cash and Cash Equivalents

$2,658,081

Accounts and Notes Receivable

$155,840

Total Assets

$36,784,379

Accounts Payable & Accrued Liabilities

$216,026

Long Term Debt

$0

Total Liabilities

$364,044

Total Stockholders' Equity

$36,420,335

Total Liabilities and Equity

$36,784,379

Statement of Comprehensive Income Information

Total Revenues

$155,840

Net Income

$-430,133

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Tanner LLC
Financials as of: 11/06/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
David (previously Slingshot USA) 07/30/2024 Dalmore Group $61,735,979 $16,921,620 Equity - Preferred Active RegA+
Slingshot USA 03/30/2023 Dalmore Group $37,500,000 $50,450,720 Equity - Preferred Funded RegA+
David (previously Slingshot USA) 12/20/2021 Angel Funding - $0 Equity - Preferred Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Add to portfolio
David on Dalmore Group 2023
Platform: Dalmore Group
Security Type: Equity - Preferred
Valuation: $61,735,979
Price per Share: $1.65

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Follow David on Dalmore Group 2023

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