David (previously Slingshot USA)
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.
Investment Overview
Raised: $16,921,620
Deal Terms
Total Commitments ($USD)
- Platform
- Dalmore Group
- Start Date
- 11/07/2023
- Close Date
- Not Provided
$74
$37,500,000
$74
Equity - Preferred
Seed
RegA+
$1.85
$61,735,979
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $36,500,000
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| David (previously Slingshot USA) | 12/31/2024 | Dalmore Group | $61,735,979 | $16,921,620 | Equity - Preferred | Active | RegA+ |
| Slingshot USA | 03/31/2023 | Dalmore Group | $37,500,000 | $50,450,720 | Equity - Preferred | Funded | RegA+ |
| David (previously Slingshot USA) | 12/21/2021 | Angel Funding | - | $4,961,743 | Equity - Preferred | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.