Exlites Holdings International

Early Stage
Let your electric vehicle take you farther
Overview
Raised: $1,050
Total Commitments ($USD)
Platform
TruCrowd
Start Date
01/11/2023
Close Date
03/17/2023
Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment
$350
Security Type
SAFE
Series
Pre-Seed
Funding Type
RegCF
Valuation Cap
$23,637,691
Discount Rate
25%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
43
% of Min. Goal
11%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$48
# of Investors
2
Momentum
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Location
Hudson, Florida
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Exlites Holdings International, with a valuation of $23.6 million, is raising funds on TruCrowd. The company has designed and developed electric vehicle range extenders used for solar and water-generated power. The patented technology of Exlites Holdings International has innovative design and engineering and can add an extra 100 miles to the range of electric vehicles. Mark Julian founded Exlites Holdings International in April 1979. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing and sales, general operating expenses, manufacturing, engineering team, prototyping green technologies, PR, distribution, and taking extenders to the market.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$166,676 |
$0 |
COGS |
$-145,048 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-382,923 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$2,709 |
$0 |
Accounts Receivable |
$27,432 |
$0 |
Total Assets |
$5,668,822 |
$0 |
Short-Term Debt |
$305 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$305 |
$0 |
Financials as of: 01/11/2023
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