VonMercier on Republic 2022 – KingsCrowd

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VonMercier on Republic 2022 – KingsCrowd


Valuation Cap

$20,000,000

Reporting Date

08/02/2022

Chance of Max

Momentum

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Location

HAVRE DE GRACE, Maryland

Business

Transportation, Automotive, Aviation, & Aerospace

VonMercier, with a valuation of $20 million, is elevating funds on Republic. The corporate is constructing an electrical hovercraft referred to as the Arosa. Arosa is a sports activities hovercraft that may journey over land and water and is quiet and straightforward to make use of. The hovercraft is an amphibious EV and in addition helps to scale back international emissions whereas adapting to a altering local weather. VonMercier has developed the directional management system for the hovercraft and has laid the inspiration for hover autos to be quieter and simpler to make use of. Michael Mercier based VonMercier in March 2021. The present crowdfunding marketing campaign has a minimal goal of $25,000 and a most goal of $1,070,000. The marketing campaign proceeds shall be used for hiring, manufacturing the Arosa, and delivering the hovercraft to prospects.

Abstract Revenue and Loss Assertion

Income

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Internet Revenue

$-435,765

$-164,579

Abstract Steadiness Sheet

Money

$160,686

$395

Accounts Receivable

$0

$0

Complete Belongings

$324,652

$26,949

Quick-Time period Debt

$15,963

$9,218

Lengthy-Time period Debt

$508,779

$637,673

Complete Liabilities

$524,742

$646,891

Financials as of: 08/02/2022

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