OK Stone Engineering

OK Stone Engineering

Growth Stage

Engineered quartz slabs

Engineered quartz slabs

Overview

Raised to Date: Raised: $1,580,000

Total Commitments ($USD)

Platform

Equifund

Start Date

01/25/2024

Close Date

01/26/2025

Min. Goal
$20,000
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.75

Pre-Money Valuation

$75,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/21/2024

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

$4,317

Momentum
Funded
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Year Founded

2023

Industry

Industrial Services

Tech Sector

Hardwaretech

Location

Carlsbad, California

OK Stone Engineering, with a valuation of $75 million, is raising funds on Equifund CFP. The company has developed cutting-edge technology for the engineered stone market. OK Stone Engineering’s technology helps in producing engineered stone domestically at a fast speed, with cheap pricing and good quality. The company will be the first high-tech source of US-made quartz stone products and plans to set up its factory in Fort Worth, Texas, to fill the gap in the market. Oren Klaff founded OK Stone Engineering in April 2023. The current crowdfunding campaign has a minimum target of $19,999.50 and a maximum target of $4.99 million. The campaign proceeds will be used for general working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-890,657

$-890,657

Summary Balance Sheet

FY 2022 FY 2021

Cash

$774,596

$774,596

Accounts Receivable

$0

$0

Total Assets

$774,596

$774,596

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/25/2024
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OK Stone Engineering on Equifund CFP 2024
Platform: Equifund
Security Type: Equity - Common
Valuation: $75,000,000
Price per Share: $0.75

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