Slingshot USA

Early Stage

Animated feature film

Overview

Raised to Date: Raised: $1,805,264

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

11/09/2022

Close Date

11/09/2023

Min. Goal

$100

Max. Goal

$37,500,000

Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

Funding Type

RegA+

Price Per Share

$1.25

Pre-Money Valuation

$37,500,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/03/2023

Days Remaining

279

% of Min. Goal

1,805,264%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$20,991

# of Investors

2,504

Momentum
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Location

Wilmington, Delaware

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Slingshot USA is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company aims to produce a feature-length animated film on the biblical story of David. The film is under production and is under contract with a computer animation studio in Cape Town, South Africa, for the development and creation of David. The film is also led by an experienced team of artists, animators, filmmakers, and music professionals. David Michael Brett Johnson, Osment Philip Cunningham, and Sanet Kritzinger founded Slingshot USA in 2021. The current crowdfunding campaign has a maximum target of $37.5 million. The campaign proceeds will be used for marketing, advertising, production expenses, and miscellaneous expenses.

Balance Sheet

Cash and Cash Equivalents

$3,526,532

Accounts and Notes Receivable

$1,500,000

Total Assets

$25,341,255

Accounts Payable & Accrued Liabilities

$1,943,103

Long Term Debt

$0

Total Liabilities

$1,943,103

Total Stockholders' Equity

$23,398,152

Total Liabilities and Equity

$25,341,255

Statement of Comprehensive Income Information

Costs & Expenses Applicable to Rev

$-1,046,271

Net Income

$-1,046,271

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Tanner LLC
Financials as of: 11/09/2022
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Slingshot USA on Dalmore Group 2022
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Platform: Dalmore Group
Security Type: Equity - Preferred
Valuation: $37,500,000

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