Entertainment Arts plans $3M stock offering
Estimated net proceeds of $2.775M are slated for EARI in its Regulation A sale of 600M shares at $0.005.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ENTERTAINMENT ARTS RESEARCH, INC. (EARI) has filed a Regulation A offering to sell 600,000,000 shares of common stock at $0.005 per share, for a total aggregate offering price of $3,000,000, including $2,800,000 on behalf of the company and $200,000 by selling securityholders. Estimated net proceeds to the issuer are $2,775,000. The company reports total assets of $1,390,000, total liabilities of $5,568,042, and stockholders’ equity of -$4,178,042. For the period shown, it had no revenues and a net loss of $200,554. EARI has 5,420,503,512 common shares and 95,830,615 preferred shares outstanding, with its common stock quoted on OTCID.
Filing Explained
The filing separately reports that
Key Figures
Key Terms
Regulation A regulatory
aggregate offering price financial
Blue Sky Compliance regulatory
unregistered securities regulatory
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is EARI offering in its Form 1-A/A Regulation A filing?
How much cash does EARI expect to receive from this Regulation A offering (EARI)?
What is EARI’s current financial position based on the Form 1-A/A?
Is EARI currently generating revenue according to the Form 1-A/A filing?
Where is EARI’s common stock quoted and what is its CUSIP?
AI-generated analysis. How Rhea-AI works. Not financial advice.