Overview
Raised: $942,173
2019
Transportation, Automotive, Aviation, & Aerospace
Hardwaretech
B2B
Medium
High
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-1,761,654 |
$-2,057,331 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$50,883 |
$37,310 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$1,366,056 |
$471,527 |
Short-Term Debt |
$2,752,943 |
$330,155 |
Long-Term Debt |
$113,063 |
$1,446,182 |
Total Liabilities |
$2,866,006 |
$1,776,337 |
Raise History
Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
GACW | 05/21/2024 | Dealmaker Securities | $53,000,000 | $1,792,385 | Equity - Common | Funded | RegCF |
GACW | 11/23/2022 | StartEngine | $39,970,598 | $942,173 | Equity - Common | Funded | RegCF |
GACW | 04/08/2022 | StartEngine | $27,409,856 | $3,357,879 | Equity - Common | Funded | RegCF |
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.
Employee History
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Edge
A recent study estimates that rubber tires account for as much as 10% of all microplastic waste in the world’s oceans. Another study says 28%.
Rubber tires need to go. And the sooner the better. Governments are beginning to impose requirements on how rubber tires are disposed of.
While a step in the right direction, it’s not nearly good enough.
The only real long-term solution is getting rid of rubber tires altogether. And the first industry that has the most to gain from switching to non-rubber tires is mining.
Thanks to one innovative startup — Global Air Cylinder Wheels (GACW) — it’s happening right now.