Looking For Small Raise Into An Ipo/Reverse Merger
We are a small award winning entertainment production company. We plan on coming public later this year via reverse merger, possible IPO. We are looking to raise 500 - 750K now. Currently working on a 2 year convertible note into equity at 50% of the average closing price the first 30 days of trading. Simple interest at 6%, mandatory conversion if publicly traded and no early repayment penalty. The company has zero debt, it's officers have paid 100% of the way out of pocket, not loan to company. There are no salaries, nor will there be prior to a full funding down the road. The salaries will not be large at that point either. Our pay is based on performance of our projects and a percent of the profit and stock ownership.
Financials (USD)
Amount Sought $750,000
Use of Proceeds Growth Capital
Deal Terms
Listed By Owner
Offering Memorandum Or Prospectus Available? Available On Request
Willing To Pay Finders Fee? Yes
Willing to Co-Broker? Available On Request
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