Data / Crowdfunding / Texas / Esports USA Holdings, Inc.
Esports USA Holdings, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2020)
Esports USA Holdings, Inc., a corporation in Houston, TX, filed a Form C with the SEC on May 27, 2020 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on September 18, 2020. In its most recent fiscal year it reported $191,986 in revenue and a net loss of $534,219, with 25 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- valhallalounge.com
- Funding portal
- Wefunder Portal LLC
- Address
- 5100 Westheimer rd Suite 115, Houston, TX 77056
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 27, 2018
- SEC CIK
- 0001759517
Offering terms
From the offering filed May 27, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- September 18, 2020
- Portal compensation
- 4.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed May 27, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $191,986 | $0 | sec.gov |
| Cost of goods sold | $82,507 | $0 | sec.gov |
| Net income | $-534,219 | $-39,937 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $554,679 | $73,170 | sec.gov |
| Cash | $17,920 | $73,170 | sec.gov |
| Accounts receivable | $3,584 | $0 | sec.gov |
| Short-term debt | $170,629 | $0 | sec.gov |
| Long-term debt | $945,099 | $100,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 27, 2020 | Offering | $50,000 | $250,000 | September 18, 2020 | sec.gov |
Updated May 27, 2020. 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.