Exit 6

Exit 6

Early Stage

Hemp/CBD company

Hemp/CBD company

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Fundanna

Start Date

04/29/2021

Close Date

03/30/2022

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$300

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,331,166

Discount

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/30/2022

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Willmington, Delaware

Business Type

Growth

Exit 6, with a pre-money valuation of $4.33 million, is raising funds on Fundanna. The hemp/CBD company works towards the distribution of retail products via vending machines. The CBD vending machines of Exit 6 will be placed at airports, malls, convenience stores, and other places. Alan Shetzer founded Exit 6 in April 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used for equipment, business development, marketing and PR, salaries, and legal and accounting expenses. Exit 6 will take CBD products from established vendors and make them more available to the customers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-441

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/29/2021
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Exit 6 on Fundanna
Platform: Fundanna
Security Type: Convertible Note
Valuation: $4,331,166

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