Sentinels in Trouble

Sentinels in Trouble

Business Investments Drama

09 August 2023 16:24

According to recent news, Sentinels is in financial trouble. The organization was listed on StartEngine on August 4th which allows fans to own a share via crowdfunding. The memo stated "If the company raises the minimum offering amount, and if the company is unable to raise additional capital through either existing shareholders or other outside sources of financing we anticipate the company will be able to operate for 2-3 months,” The memo also stated that if the maximum amount is raised it will be able to operate for four to five months. The memo also revealed that Sentinels spends nearly $700k on salaries per month. The company’s CEO, Rob Moore, has a salary of $360k a year and executives are earning more than $200k per year.

Tags: Sentinels Business

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Sentinels Signs Teki

Sentinels has officially announced the signing of Teki, also known as Tekixd, to its Marvel Rivals roster as the team’s...

Transfer Market

Apr 24, 2025

Sentinels Reveals Marvel Rivals Entry

Sentinels has officially announced its entry into the Marvel Rivals esports scene. “It’s time for the Sentinels era. We’re officially announcing...

Transfer Market

Feb 21, 2025

Sentinels Partners with Stacked

Sentinels has announced a partnership with the social media app Stacked, which will now serve as the official site for...

Business

Dec 11, 2024

Sentinels Partners with Razer

Sentinels has partnered with hardware brand Razer to launch a co-designed version of the Razer Viper V3 Pro mouse. The...

Business

Nov 04, 2024

"Sacy" Retires

"Sacy has officially announced his retirement from competitive Valorant, following the recent retirement of teammate TenZ. This double departure leaves...

Transfer Market

Sep 16, 2024

Sentinels in Trouble

Business Investments Drama

09 August 2023 16:24

Tags: Sentinels Business

According to recent news, Sentinels is in financial trouble. The organization was listed on StartEngine on August 4th which allows fans to own a share via crowdfunding. The memo stated "If the company raises the minimum offering amount, and if the company is unable to raise additional capital through either existing shareholders or other outside sources of financing we anticipate the company will be able to operate for 2-3 months,” The memo also stated that if the maximum amount is raised it will be able to operate for four to five months. The memo also revealed that Sentinels spends nearly $700k on salaries per month. The company’s CEO, Rob Moore, has a salary of $360k a year and executives are earning more than $200k per year.

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Sentinels Signs Teki

Sentinels has officially announced the signing of Teki, also known as Tekixd, to its Marvel Rivals roster as the team’s...

Transfer Market

Apr 24, 2025

Sentinels Reveals Marvel Rivals Entry

Sentinels has officially announced its entry into the Marvel Rivals esports scene. “It’s time for the Sentinels era. We’re officially announcing...

Transfer Market

Feb 21, 2025

Sentinels Partners with Stacked

Sentinels has announced a partnership with the social media app Stacked, which will now serve as the official site for...

Business

Dec 11, 2024

Sentinels Partners with Razer

Sentinels has partnered with hardware brand Razer to launch a co-designed version of the Razer Viper V3 Pro mouse. The...

Business

Nov 04, 2024

"Sacy" Retires

"Sacy has officially announced his retirement from competitive Valorant, following the recent retirement of teammate TenZ. This double departure leaves...

Transfer Market

Sep 16, 2024