GEMXX Corp.

GEMXX Corp.

Growth Stage

A Unique Opportunity in Rare Gemstones

A Unique Opportunity in Rare Gemstones

Overview

Funding data not publicly available
Platform

Dealmaker Securities

Start Date

01/29/2023

Close Date

01/30/2024

Min. Goal
$2,500
Max. Goal
$6,000,000
Min. Investment

$2,500

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.40

Pre-Money Valuation

$77,299,742

Year Founded

1999

Industry

Industrial Services

Tech Sector

Non-Tech

Location

Las Vegas, Nevada

GEMXX Corp., with a valuation of $77.3 million, is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. It is an exploration company that purchases Ammolite rough gemstones and Ammolite fossils from a source in Alberta, Canada. The business uses the procured Ammolite to make jewelry and decor pieces. GEMXX makes top-quality products and is leading the Ammonite industry in exciting directions. The company is led by an experienced team and reported a 170% year-over-year revenue growth in 2022. The current crowdfunding campaign has a maximum target of $6 million. The campaign proceeds will be used for legal expenses, accounting expenses, website building, brand development, marketing, inventory acquisitions, mining, mineral and land acquisitions, and working capital.

Balance Sheet

Cash and Cash Equivalents

$68,517

Accounts and Notes Receivable

$688,480

Total Assets

$18,068,909

Accounts Payable & Accrued Liabilities

$1,100,107

Total Liabilities

$1,100,107

Total Stockholders' Equity

$16,968,802

Total Liabilities and Equity

$18,068,909

Statement of Comprehensive Income Information

Total Revenues

$730,596

Costs & Expenses Applicable to Rev

$223,525

Net Income

$513,932

Earnings Per Share - Basic

$0.01

Earnings Per Share - Diluted

$0.00

Financials as of: 01/29/2023
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GEMXX Corp. on Dealmaker Securities 2023
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $77,299,742
Price per Share: $0.40

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