Palomino The Movie

Palomino The Movie

Early Stage

A Hollywood Movie That Pays Homage to Hispanic and Latino Communities

A Hollywood Movie That Pays Homage to Hispanic and Latino Communities

Overview

Raised to Date: Raised: $22,600

Total Commitments ($USD)

Platform

Rise Up

Start Date

09/21/2023

Close Date

03/12/2024

Min. Goal
$10,000
Max. Goal
$4,000,000
Min. Investment

$200

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$5,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

12/09/2023

Days Remaining

94

% of Min. Goal

226%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$286

# of Investors

16

Momentum
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Year Founded

2023

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Location

Sherman Oaks, California

Business Type

Life Style

Palomino The Movie, with a valuation of $5 million, is raising funds on Rise Up. It is a Hollywood film based on the true story of a world-champion boxer, Carlos Palomino, who became a movie and television star. Palomino The Movie portrays the Hispanic and Latino community positively and accurately and shows the inspiring journey of Carlos from the streets of Mexico to his life in the United States. The film is led by an award-winning team and has a huge potential as a boxing-related film. Brad Wilson founded Palomino The Movie in April 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4 million. The campaign proceeds will be used for operations, film production, and marketing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-11,079

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$13,921

$0

Accounts Receivable

$0

$0

Total Assets

$13,921

$0

Short-Term Debt

$37,500

$0

Long-Term Debt

$0

$0

Total Liabilities

$37,500

$0

Financials as of: 09/21/2023
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Palomino The Movie on Rise Up 2023
Platform: Rise Up
Security Type: Equity - Preferred
Valuation: $5,000,000
Price per Share: $10.00

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