Sting Ray Robb

Sting Ray Robb

Early Stage

The Man Behind the Wheel

The Man Behind the Wheel

Overview

Raised to Date: Raised: $21,000

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

04/02/2024

Close Date

02/28/2025

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$200

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/17/2024

Days Remaining

316

% of Min. Goal

210%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,400

# of Investors

23

Momentum
cold.svg
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Year Founded

2016

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Location

Payette, Idaho

Sting Ray Robb is raising funds on Dealmaker Securities. The company manages the racing career of Sting Ray Robb, an IndyCar driver. The racer is also a devout Christian and uses his platform, fame, and celebrity to promote Christianity within the motorsports industry and elsewhere. Sting Ray Robb received the Move of the Year Award and the Indy Pro 2000 Champion Award in 2020, was placed eighth in 2021, was the Vice Champion in 2022, and was one of the only 27 IndyCar drivers to receive the Rookie Year Award for 2023. Jimmie Serrano founded Sting Ray Robb in December 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.23 million. The campaign proceeds will be used for payroll, marketing and advertising, debt repayment, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,803,330

$176,858

COGS

$11,116

$0

Tax

$0

$0

 

 

Net Income

$3,787,438

$168,429

Summary Balance Sheet

FY 2023 FY 2022

Cash

$42,188

$570,429

Accounts Receivable

$0

$0

Total Assets

$42,188

$570,429

Short-Term Debt

$3,650,000

$400,000

Long-Term Debt

$0

$0

Total Liabilities

$3,650,000

$400,000

Financials as of: 04/02/2024
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Sting Ray Robb on Dealmaker Securities 2024
Platform: Dealmaker Securities
Security Type: Equity - Common
Price per Share: $1.00

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