GeoSolar Technologies

GeoSolar Technologies

Closed: Sep. 2023

About this raise

GeoSolar Technologies is raising funds independently through Reg A+ crowdfunding. The company plans to install natural energy systems in residences, green new apartments, and commercial buildings. The natural energy system, known as the GeoSolar Plus System, combines solar power, geothermal ground sourced energy, and other clean energy technologies into one integrated system. The GSP system will provide the energy required for cooling, heating, electric vehicle charging, cooking, and air purification. Stone Douglas founded GeoSolar Technologies in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $10,000,000. The campaign proceeds will be used for working capital and general corporate purposes.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Rialto Markets
Start Date
04/29/2022
Close Date
Not Provided
Min. Goal
$300
Max Goal
$10,000,000
Min. Investment

$300

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$59,850,000

Company & Team

Company

Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Denver, Colorado
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Brent Mosbarger
Title
Commercial Operations
Founder Name
Norbert Klebl
Title
Development Director

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$557,909
 Runway
0 months

Balance Sheet

Cash and Cash Equivalents

$19,362

Accounts and Notes Receivable

$960

Total Assets

$321,796

Accounts Payable & Accrued Liabilities

$656,186

Long Term Debt

$0

Total Liabilities

$866,966

Total Stockholders' Equity

$-545,170

Total Liabilities and Equity

$321,796

Statement of Comprehensive Income Information

Net Income

$-6,694,910

Earnings Per Share - Basic

$-0.18

Earnings Per Share - Diluted

$-0.18

Auditor: MaloneBailey, LLP
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/30/2023 Rialto Markets $59,850,000 - Equity - Common Funded RegA+
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GeoSolar Technologies on Self Managed 2022
Platform: Rialto Markets
Security Type: Equity - Common
Valuation: $59,850,000
Price per Share: $1.00

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Warning: according to the close date for this deal, GeoSolar Technologies may no longer be accepting investments.

GeoSolar Technologies Deal Report

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