SongVest on Self-Managed 2022 – KingsCrowd

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SongVest on Self-Managed 2022 – KingsCrowd


Safety Kind

Fairness – Widespread

Location

Raleigh, North Carolina

Trade

Monetary & Insurance coverage Merchandise & Providers

SongVest is elevating funds independently by Reg A+ crowdfunding. It’s a music market that enables followers and traders to buy fractional shares of royalties from their favourite songs and artists. The customers get to view SongShares, evaluate public sale particulars and monetary highlights, and place their bids. SongVest is just not solely an funding platform but in addition a central hub for music followers to assist increase streaming and different income streams of artists and report labels. Sean Peace and Alexander Guiva based SongVest in March 2021. The present crowdfunding marketing campaign has a minimal goal of $33 million and a most goal of $66 million. The marketing campaign proceeds will probably be used for the acquisition of music royalty property.

Steadiness Sheet

Money and Money Equivalents

$239,624

Whole Property

$459,023

Accounts Payable & Accrued Liabilities

$47,124

Whole Liabilities

$450,239

Whole Stockholders’ Fairness

$8,784

Whole Liabilities and Fairness

$459,023

Assertion of Complete Revenue Data

Whole Revenues

$204,092

Internet Revenue

$-503,716

Earnings Per Share – Primary

$0.00

Earnings Per Share – Diluted

$0.00

Financials as of: 09/12/2022

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