Jet Token

Private Aviation Platform

Analytics

Raised to Date: Raised: $4,313,281

Aggregate Commitments $

Platform

StartEngine

Start Date

06/23/2021

Close Date

09/30/2022

Min. Goal

$99

Max. Goal

$25,000,000

Min. Investment

$99

Security Type

Equity - Common

Funding Type

RegA+

Series

Seed

Price Per Share

$0.75

Pre-Money Valuation

$124,000,000

Rolling Commitments $

Status

Active

Reporting Date

08/09/2022

Days Remaining

52

% of Min. Goal

4,356,849%

% of Max. Goal

17%

Likelihood of Max
unlikely
Avg. Daily Raise

$10,469

Momentum
cool.svg
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Location

Las Vegas, Nevada

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Jet Token, a private aviation platform, is raising funds on StartEngine through Reg A+ crowdfunding. It is a private jet booking and membership platform that can also be used to book a commercial airline ticket. Jet Token also plans to introduce blockchain technology into the private jet aviation industry, using which the users with 25-hour memberships will have an option to sell their unused time to other users. Mike Winston founded Jet Token in 2018. The current funding round has no minimum raise and a maximum raise of $25,000,000, and the proceeds will be used for development and expansion, marketing, and acquisition of certain business jet aircraft. Jet Token has signed a deposit agreement with Honda Aircraft Company for the lease of up to four HondaJets and has a letter of intent with Gama Aviation for the management, maintenance, and operation of the HondaJets.

Balance Sheet

Cash and Cash Equivalents

$1,107,160

Investment Securities

$0

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$0

Total Assets

$1,305,677

Accounts Payable & Accrued Liabilities

$177,088

Long Term Debt

$67,222

Total Liabilities

$298,603

Total Stockholders' Equity

$1,007,074

Total Liabilities and Equity

$1,305,677

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$0

Depreciation and Amortization

$0

Net Income

$-635,959

Earnings Per Share - Basic

$-0.01

Earnings Per Share - Diluted

$-0.01

Financials as of: 06/23/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Jet Token 09/30/2022 StartEngine $124,000,000 $4,313,281 Equity - Common Active RegA+
Jet Token 06/22/2021 StartEngine $124,000,000 $192,935 Equity - Common Funded Test the Waters / RegA+
Jet Token 12/25/2020 StartEngine $46,000,000 $9,999,192 Equity - Common Funded RegA+
Jet Token 07/08/2019 StartEngine $5,508,000 $1,069,987 Equity - Preferred Funded RegCF
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Jet Token on StartEngine 2021
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $124,000,000
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