Entertainment Production Company Seeking $750K for IPO/Reverse Merger
Financial Details
- Asking Price:
- $750,000
- Cash Flow / SDE:
- $750,000
- Profit Metric:
- Amount Sought
- Valuation Multiple:
- 1.0x
- Location:
- Ventura, CA, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing represents a funding opportunity for a small, award-winning entertainment production company based in Ventura County, California. The company is planning to go public later this year through a reverse merger or a potential IPO. They are currently seeking to raise between $500,000 and $750,000. The proposed investment structure is a 2-year convertible note into equity, convertible at 50% of the average closing price during the first 30 days of trading. The note carries simple interest at 6% and mandates conversion if the company becomes publicly traded, with no early repayment penalty. Notably, the company has zero debt, and all past expenses have been covered by the officers out-of-pocket. No salaries are currently being paid, and future salaries are expected to be modest, with compensation tied to project performance, profit sharing, and stock ownership.
Industry Information
- Industry Description:
- Entertainment Production Company
- Classification:
- Entertainment & Recreation
Real Estate & Lease
- Status:
- Not Included
Listing Details
- Listing ID:
- e61e561e-ccfe-4929-908a-1944c19e8050
- Deal Status:
- For Sale
- Date Posted:
- July 25, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD