Data / Crowdfunding / Illinois / Velocity Esports, Inc.
Velocity Esports, Inc.: crowdfunding raise on DALMORE GROUP LLC, $50,000 to $5,000,000 (2022)
Velocity Esports, Inc., a corporation in Chicago, IL, filed a Form C with the SEC on October 20, 2022 to raise $50,000 to $5,000,000 in common stock through DALMORE GROUP LLC. The offering closed on May 31, 2023. In its most recent fiscal year it reported $0 in revenue and $14,214 in net income, with 134 employees.
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- Website
- www.velocityesports.com
- Funding portal
- DALMORE GROUP LLC
- Address
- 3838 N. Kenneth Ave., Chicago, IL 60641
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- November 18, 2021
- SEC CIK
- 0001903715
Offering terms
From the offering filed October 20, 2022.
- Security
- Common Stock
- Price
- $1.00
- Target
- $50,000
- Maximum
- $5,000,000
- Deadline
- May 31, 2023
- Portal compensation
- The Intermediary will receive a commission equal to three percent (3%) of the amount raised in the offering. The Intermediary also received a one-time platform due diligence fee payment of $18,000. Further, there will be an additional fee of $1,000 per clo
Financials
From the Form C filed October 20, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $14,214 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $304,500 | $0 | sec.gov |
| Cash | $304,500 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $14,214 | $0 | sec.gov |
| Long-term debt | $300,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 20, 2022 | Offering | $50,000 | $5,000,000 | May 31, 2023 | sec.gov |
Also on SpecStream
Updated October 20, 2022. 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.