Li3 Group
Growth Stage
Connecting Battery Metal Mining Projects to Viable Funding Sources
Overview
Raised: $45,008
Total Commitments ($USD)
Platform
Netcapital
Start Date
11/02/2023
Close Date
01/19/2024
Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Pre-Money Valuation
$68,637,820
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
42
% of Min. Goal
450%
% of Max. Goal
4%
Likelihood of Max
Avg. Daily Raise
$1,250
Momentum
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Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Li3 Group, with a valuation of $68.6 million, is raising funds on NetCapital. The company has developed a platform to digitize battery metals mining assets. Li3 Group’s BMX platform digitizes assets for electric vehicles, green energy, power storage, and emerging technologies. The platform also uses its proprietary blockchain to provide project financing for raw materials and ensure secure P2P transactions. David Macias founded Li3 Group in May 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for creation of the BMX platform, support services, sales and marketing, financial and legal expenses, and general and administrative expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-421,860 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$25,571 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$31,887 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/02/2023
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