David (previously Slingshot USA)
Early Stage
Animated feature film
Overview
Platform
Dalmore Group
Start Date
11/07/2023
Close Date
07/31/2024
Min. Goal
$99
Max. Goal
$37,500,000
Min. Investment
$99
Security Type
Equity - Preferred
SEC Filing Type
RegA+
Price Per Share
$1.65
Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Location
Wilmington, Delaware
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: 11/07/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| David (previously Slingshot USA) | 07/31/2024 | Dalmore Group | - | - | 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 | - | $0 | Equity - Preferred | Funded | RegCF |
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