Second Act Theatrical Capital
About this raise
Second Act Theatrical Capital, with a valuation of $556,000, is raising funds on Wefunder. The company produces and invests in theatrical productions, including Broadway shows. The business specializes in working on shows that prioritize BIPOC narratives and creators both on and behind the stage. The aim of Second Act Theatrical Capital is to provide BIPOC people with a more equitable representation in theatre. Rashad V. Chambers, Miranda Gohh, Adam Hyndman, Toni R. Israel, Rob Laqui, Sammy Lopez, Ronee Penoi, and Cynthia J. Tong founded Second Act Theatrical Capital in September 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5,000,000. The campaign proceeds will be used for investing and producing commercial productions, administrative expenses, and management.
Investment Overview
Invested : $130,376
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 07/11/2022
- Close Date
- 04/29/2024
$100,000
$5,000,000
$500
Equity - Common
Early Stage
RegCF
$500.00
$556,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Team
- Employees
- 9
- Prior Founder Exits?
- No
- Founder Name
- Rashad V. Chambers
- Title
- President
- Founder Name
- Miranda Gohh
- Title
- Associate Producer
- Founder Name
- Adam Hyndman
- Title
- Co-Founder & Managing Member
- Founder Name
- Toni R. Israel
- Title
- Co-Founder
- Founder Name
- Rob Laqui
- Title
- Co-Producer
- Founder Name
- Ronee Penoi
- Title
- https://www.linkedin.com/in/ronee-penoi-a2aa06b/
- Founder Name
- Cynthia J. Tong
- Title
- Producer
- Founder Name
- Sammy Lopez
- Title
- Founding Member
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$2,074
as of FY2022
-
Runway
-
0 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2024 | Wefunder | $556,000 | $130,376 | Equity - Common | Funded | RegCF |