Crowdonomics
AVENIDA ENTERTAINMENT GROUP, INC

Reg CF · SAFE · Sep 2023

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$141.2K / $1.2M max
11% of ceiling · target hit day 4
Investors
173
$816.2 avg
Valuation cap
$9M
cap, not an agreed valuation

Raised over time

Cumulative raised
$266K$133K$0
Sep 12, 2023 · openedFeb 5, 2024 · last reading
Target ($50K) hit — Sep 16, 2023, day 4Deadline Apr 29, 2024 — 84 days out

Left axis: cumulative dollars raised. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2021–FY2022 · hover for source
$146K
−$470K
FY2021
$243K
−$530K
FY2022
RevenueNet income
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$145,674
$242,988
Cost of goods sold
$116,381
$55,045
Gross margin
20%
77%
Net income
-$470,239
-$530,243
Taxes paid
$0
$0
Balance sheet
Cash
$132,447
$922
Accounts receivable
$0
$0
Total assets
$237,189
$103,802
Short-term debt
$56,405
$678,222
Long-term debt
$777,573
$499,931
Total liabilities
$833,978
$1,178,153
Other
Headcount
—
5

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

1 amendment
  1. Nov 28, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Valuation cap$9M
Conversion discount20%

Offering details

Target$50,000
Max$1,235,000
Min investment$100
OpenedSep 12, 2023
DeadlineApr 29, 2024
ClosedFeb 6, 2024
Days active147

Links & provenance

Source: Manual
0001670254-23-000856

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.