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BioLight on Republic 2022

Date:

Platform

Republic

Start Date

05/16/2022

Close Date

09/26/2022

Min. Goal

$25,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$9,000,000

Discount Rate

15%

Rolling Commitments $

Status

Active

Reporting Date

05/16/2022

Days Remaining

133

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Stevensville, Montana

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

BioLight, with a valuation of $9 million, is raising funds on Republic. The company is working on innovative red light therapy to improve mitochondrial health. The therapy uses specific red and near-infrared wavelengths to promote health, wellness, and longevity. The red light therapy of BioLight has been found to provide benefits related to bone and joint health, brain and cognitive health, hair health, heart health, oral health, and much more. Dr. Michael Belkowski founded BioLight in June 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,000,000. The campaign proceeds will be used to meet consumer demand, invest in marketing campaigns, and continue researching the effectiveness of red light therapy.

Summary Profit and Loss Statement

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-5,621

$0

Summary Balance Sheet

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$25,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$25,000

$0

Total Liabilities

$25,000

$0

Financials as of: 05/16/2022

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