Immortal Studios
Early Stage
Creating the next Marvel with a martial arts fantasy universe of comics and more
Overview
Raised: $318,465
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/09/2020
Close Date
06/30/2021
Min. Goal
$150,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$18,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/03/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,373
# of Investors
459
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Immortal Studios, with a valuation cap of $18 million, is raising funds on Wefunder. The company is creating a universe of Wuxia characters and stories. The martial arts fantasy will soon be created into comics, films, tv, games, and merchandising. Peter Shiao founded Immortal Studios in June 2020. The current crowdfunding campaign has a minimum goal of $150,000 and a maximum goal of $1,070,000. The raise proceeds will be used for content production, marketing and business development, technology initiatives, and converting part-time employees to full-time employees. Immortal Studios has exclusive rights to over 60 IP library of the top Wuxia creator Shiao Yi, with more than 30 films produced.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$91,089 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$91,089 |
$0 |
Financials as of: 11/09/2020
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