Moonray

Moonray

Early Stage

State-of-the-art, surreal Action-RPG video game for PC and Next-Gen consoles

State-of-the-art, surreal Action-RPG video game for PC and Next-Gen consoles

Overview

Raised to Date: Raised: $210,000

Total Commitments ($USD)

Platform

Republic

Start Date

03/29/2021

Close Date

08/25/2021

Min. Goal
$70,000
Max. Goal
$500,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$500.00

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,409

# of Investors

155

Momentum
Funded
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Year Founded

2015

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

New York, New York

Business Type

Life Style

Moonray, a video game company, is raising funds on Republic through Reg A+ crowdfunding. The company has developed a third-person action-RPG video game for PC and eventually Xbox and PlayStation. The game is set in a surreal sci-fi world. Moonray is being created by Element 115, a game studio founded in 2019. The current crowdfunding round has a minimum target of $$70,000 and a maximum target of $500,000, and the funds will be used to finish developing and marketing the game. Moonray expects to launch the PC version in the summer of 2022 to 90 million active monthly users on Stream. The game runs on an addictive format with a 5-hour campaign.

Balance Sheet

Cash and Cash Equivalents

$238,228

Investment Securities

$0

Accounts and Notes Receivable

$30,474

Property, Plant and Equipment (PP&E)

$0

Total Assets

$268,702

Accounts Payable & Accrued Liabilities

$28,578

Long Term Debt

$0

Total Liabilities

$178,801

Total Stockholders' Equity

$89,901

Total Liabilities and Equity

$268,702

Statement of Comprehensive Income Information

Total Revenues

$609,127

Costs & Expenses Applicable to Rev

$1,768,469

Depreciation and Amortization

$0

Net Income

$-1,601,024

Earnings Per Share - Basic

$-1,601.02

Earnings Per Share - Diluted

$-1,601.02

Auditor: Lear & Pannepacker, LLP
Financials as of: 03/29/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
FGS-Atari 06/29/2023 Republic $7,076,000 $0 Equity - Common Not Funded RegA+
Fig Publishing 04/14/2022 Republic - $2,283,250 Equity - Common Funded RegA+
Digital Eclipse 09/14/2021 Republic - $10,470,751 Equity - Preferred Funded RegA+
Moonray 08/25/2021 Republic - $210,000 Equity - Common Funded RegA+
Intellivision Amico 04/14/2021 Republic - $11,866,723 Revenue Share Funded RegA+
Marauder 04/07/2021 Republic - $152,000 Equity - Preferred Not Funded RegA+
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Moonray on Republic
Platform: Republic
Security Type: Equity - Common
Price per Share: $500.00

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