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Offerings / Regulation CF / Alula Film LLC

Alula Film LLC

Regulation Crowdfunding offering on Wefunder · Form C filed August 28, 2026 · Los Angeles, California

Film Financing Waterfall AgreementPre-revenueLimited Liability Company, DelawareMedia and entertainmentFeature film development and production

Alula Film LLC, a Delaware LLC formed January 21, 2026, is developing and financing the feature film ALULA, a psychological horror project directed by Frank Coraci. The company is pre-revenue and early stage, reporting $0 revenue and $0 net income from inception through June 30, 2026, and is offering a target of $50,000 (maximum $5,000,000) through Wefunder Portal.

Registry notesThe filing contains internal inconsistencies: risk factors state the film has not entered preproduction, while Note 1 of the financial statements says production has begun, and the MD&A cites a monthly net profit of about $10,000 and positive operating cash flows although the Form C and financial statements report $0 revenue and $0 net income. The offered interest is a contractual financing right (Film Financing Waterfall Agreement) rather than equity, and the two members, who are the only members, hold 50% each with equal management authority.

Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.

Offering terms

Security
Film Financing Waterfall Agreement
Maximum
$5,000,000.00
Price
$1.00 per unit
Pricing method
<p>Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1.</p>
Deadline
April 30, 2027
Oversubscriptions
Accepted
Intermediary
Wefunder Portal LLC
Funding portal, SEC file 007-00033
Intermediary fee
7.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Intermediary equity
No

Financials as filed

ItemMost recent FYPrior FY
Revenue$0$0
Cost of goods sold$0$0
Net income (loss)$0$0
Total assets$50,000$0
Cash and equivalents$11,071$0
Accounts receivable$0$0
Short-term debt$0$0
Long-term debt$0$0
Taxes paid$0$0

Two fiscal years as reported on the Form C cover sheet. 2 employees. Offered in 56 states.

Use of proceeds

At the $50,000 target: 36% script rewrite and development, 27% location scouting trip, 29.1% initial talent escrow deposit, and 7.9% Wefunder fee and related offering expenses (printed as 79% in the filing). At the $5,000,000 maximum: 23% script rewrite and development, 18% location scouting trip, 23% initial talent escrow deposit, 28.1% second talent attachment escrow, and 7.9% Wefunder fee and related offering expenses (printed as 79%). Management may adjust allocations.

Valuation

Offering price of $1.00 per interest, sold in $1 increments as a pro-rated portion of the total principal value of $50,000. The Company states the price was determined arbitrarily, without investment banking firms or an independent appraisal, and does not reflect book value or earnings. No pre-money valuation, valuation cap or discount is stated. Investors receive a right to recoupment of 120% of their financing amount solely from gross receipts, plus 50% of Net Receipts weighted by share of production budget.

Prior raises

Not stated

Financial statements

Audited by Chugh CPAs, LLP (Los Angeles) under GAAS for the period from inception to June 30, 2026, with an unmodified opinion dated July 1, 2026 and an emphasis of matter noting the company's newly formed status and minimal transaction basis. The Form C also includes an officer certification by Michael Mammoliti regarding the financial statements and tax return information.