GolfSuites

Early Stage

Golf that is Fun, Minus the Hassle

Overview

Raised to Date: Raised: $3,756,079

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

03/15/2021

Close Date

02/18/2022

Min. Goal

$10

Max. Goal

$48,750,000

Min. Investment

$525

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$7.50

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/28/2022

Days Remaining
Funded
% of Min. Goal

37,560,785%

% of Max. Goal

8%

Likelihood of Max
Funded
Avg. Daily Raise

$11,047

# of Investors

1,845

Momentum
Funded
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Year Founded

2018

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Riverview, Florida

Business Type

Life Style

GolfSuites, a golf entertainment company, is raising funds on Dalmore through Reg A+ crowdfunding. The company offers golf entertainment, events, performance, improvement, and fun for golfers through its hybrid concept. The company also hosts events for corporate and social gatherings. Gerald Ellenburg founded GolfSuites in 2018. The current crowdfunding round has no minimum target and a maximum target of $48,750,000. The proceeds will be used for marketing, renovation of existing facilities, constriction and development of Studios, and operational expenses. GolfSuites offers a host of experiences, including real-time game simulation, holistic game improvement, climate-controlled suites, and fun for all ages and skills.

Balance Sheet

Cash and Cash Equivalents

$20,483

Investment Securities

$0

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$0

Total Assets

$701,396

Accounts Payable & Accrued Liabilities

$0

Long Term Debt

$0

Total Liabilities

$796,026

Total Stockholders' Equity

$-94,630

Total Liabilities and Equity

$701,396

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$0

Depreciation and Amortization

$0

Net Income

$-619,325

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: IndigoSpires CPA Group, LLC
Financials as of: 03/15/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
GolfSuites 05/23/2023 Dalmore Group $231,756,288 $1,449,026 Equity - Preferred Active RegA+
GolfSuites 12/21/2022 Dalmore Group $229,103,337 $3,360,876 Equity - Preferred Funded RegA+
GolfSuites 02/18/2022 Dalmore Group - $3,756,079 Equity - Preferred Funded RegA+
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GolfSuites on Issuance
Platform: Dalmore Group
Security Type: Equity - Preferred

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