Data / Crowdfunding / Rhode Island / E-Sports Ventures, Inc.
E-Sports Ventures, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2022)
E-Sports Ventures, Inc., a corporation in Providence, RI, filed a Form C with the SEC on January 31, 2022 to raise $10,000 to $1,070,000 in Common Non-Voting Stock through StartEngine Capital, LLC. The offering closed on February 8, 2022. In its most recent fiscal year it reported $112,330 in revenue and a net loss of $311,631, with 10 employees.
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- Website
- ritualmotion.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 206 WATERMAN STREET, Providence, RI 02906
- Legal form
- Corporation
- Jurisdiction
- RI
- Incorporated
- January 14, 2019
- SEC CIK
- 0001824981
Offering terms
From the amendment filed January 31, 2022.
- Security
- Common Non-Voting Stock
- Price
- $2.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- February 8, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed September 30, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $112,330 | $18,979 | sec.gov |
| Cost of goods sold | $55,106 | $15,700 | sec.gov |
| Net income | $-311,631 | $-258,179 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $105,190 | $11,821 | sec.gov |
| Cash | $83,216 | $8,025 | sec.gov |
| Accounts receivable | $1,796 | $1,796 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 22, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| September 30, 2022 | Progress update | $10,000 | $1,070,000 | February 8, 2022 | At the close of the offering, the issuer closed on $712,386.21 and 389,601 shares of common stock. | sec.gov |
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 9, 2022 | Progress update | $10,000 | $1,070,000 | February 8, 2022 | At the close of the offering, the issuer closed on $669,998.21 and 366,923 shares of common stock. | sec.gov |
| January 31, 2022 | Amendment | $10,000 | $1,070,000 | February 8, 2022 | Issuer is moving up their campaign end date to 2/8/22. | sec.gov |
| October 26, 2021 | Offering | $10,000 | $1,070,000 | April 25, 2022 | sec.gov |
Updated May 22, 2023. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.