Homecrowd sourcedMegara on Wefunder 2022 - KingsCrowd

Megara on Wefunder 2022 – KingsCrowd

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Security Type

Equity – Preferred

Pre-Money Valuation

$2,523,334

Reporting Date

07/26/2022

Likelihood of Max

Momentum

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Industry

Media, Entertainment & Publishing

Megara, with a valuation of $2.52 million, is raising funds on Wefunder. The company is planning to build a theme park with immersive experiences outside of New York City. The new fantasy-themed festival and experience, Kingdom Faire, launched this spring in Hudson Valley and received rave reviews and over 5,000 attendees. Megara is led by a passionate team and plans to grow its guest base and locations. Christopher Francia founded Megara in April 2021. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $249,999. The campaign proceeds will be used for property acquisition, planning and design, and working capital.

Summary Profit and Loss Statement

Revenue

$503

$0

COGS

$1,183

$0

Tax

$0

$0

 

 

Net Income

$-80,675

$0

Summary Balance Sheet

Cash

$289,076

$0

Accounts Receivable

$0

$0

Total Assets

$293,062

$0

Short-Term Debt

$23,729

$0

Long-Term Debt

$0

$0

Total Liabilities

$23,729

$0

Financials as of: 07/25/2022

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