Apex Farms

Apex Farms

Early Stage

Vertical Hypodroponic/aquaponic farming system.

Vertical Hypodroponic/aquaponic farming system.

Overview

Raised to Date: Raised: $504,375

Platform

StartEngine

Start Date

07/09/2019

Close Date

10/10/2019

Min. Goal
$500
Max. Goal
$1,000,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.20

Year Founded

2017

Industry

Farming & Agriculture

Tech Sector

Location

Wilmington, Delaware

Apex Farms is raising funds on StartEngine through Reg A+ crowdfunding. The company helps farmers decrease their water, land, and energy use while promoting produce production. Apex Farms has developed a Vertical Farming System, and their patent-pending technology helps grow a wide variety of plans while reducing labor and overall costs. The system is effective indoors and outdoors and can be scaled to accommodate different sized plants and root system. Alexander M. Woods-Leo founded Apex Farms in 2017. The current crowdfunding campaign has a maximum target of $1 million. The campaign proceeds will be used for engineering and prototyping, marketing, production and inventory, administrative and corporate expenses, and working capital.

Balance Sheet

Cash and Cash Equivalents

$11,290

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$3,500

Property and Equipment

$0

Total Assets

$103,790

Accounts Payable & Accrued Liabilities

$5,803

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$5,803

Total Stockholders' Equity

$97,987

Total Liabilities and Equity

$103,790

Statement of Comprehensive Income Information

Total Revenues

$8,500

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$15,599

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-430,908

Earnings Per Share - Basic

$-0.03

Earnings Per Share - Diluted

$-0.03

Auditor: M&K CPAS, PLLC
Financials as of: 07/09/2019
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Apex Farms 10/09/2019 StartEngine - $504,375 Equity - Common Funded RegA+
Apex Farms 04/01/2018 Microventures $966,371 $213,629 Equity - Preferred Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Funding data not publicly available

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Apex Farms on StartEngine 2018
Platform: StartEngine
Security Type: Equity - Common
Price per Share: $0.20

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