FLY Wilmington
Indoor Skydiving
Overview
Raised: $341,500
Total Commitments ($USD)
Platform
Folla Capital
Start Date
03/06/2023
Close Date
03/30/2023
Min. Goal
$200,000
Max. Goal
$5,000,000
Min. Investment
$2,000
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
7
% of Min. Goal
171%
% of Max. Goal
7%
Likelihood of Max
Avg. Daily Raise
$20,088
Momentum
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Location
Westport, Connecticut
FLY Wilmington is raising funds on Folla Capital. The company provides indoor skydiving for military training, education, and entertainment. The business operates an indoor skydiving wind tunnel in Wilmington, North Carolina, and uses it for military training oriented to the United States Marine Corps and additional Military Freefall organizations, STEM training to students, and recreational purposes for locals and tourists. Patrick M. Maguire founded FLY Wilmington in June 2021. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $5 million. The campaign proceeds will be used to offset bank portion of the financing package.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-101,919 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$39,538 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$92,738 |
$0 |
|
Short-Term Debt |
$33,657 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$33,657 |
$0 |
Financials as of: 03/06/2023
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