IPO - Entertainment Activations Inc.

Form Type: S-1/A

Filing Date: 2025-01-16

Corporate Action: Ipo

Type: New

Accession Number: 000109690625000051

Filing Summary: Entertainment Activations Inc. has filed a Form S-1/A with the SEC for its initial public offering. The company is offering 5,000,000 shares of common stock at a fixed price of $0.02 per share, aiming to raise gross proceeds of $100,000. The funds will be used to develop business operations as the company is in a development stage with no generated revenue and a reported net loss of $8,427 since inception. The offering is being conducted on a self-underwritten, best efforts basis by President Peter Klamka, who holds a majority of the voting preferred stock and common stock. The company emphasizes the high risks involved in investing, highlighting the substantial doubt about its ability to continue as a going concern as noted by its independent auditor. The common stock is not currently traded on any market, and there is no assurance that a market will develop. Moreover, the management factors such as reliance on its sole director and officer Peter Klamka for strategic decisions add to investment risk.

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