Diligence memo · auto-generated · as of July 2, 2026
First Ammonia, Inc.
First Ammonia, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
First Ammonia, Inc. operates in Other Energy, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
First Ammonia, Inc. has raised $4.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.0M on 2024-07-22.
Most recent recorded round closed around 2024-07-22.
Valuation (modeled)modeled
Provath models First Ammonia, Inc. at approximately $16M (range $5.2M–$33M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.46× the median modeled value of Series A Other Energy companies in 2022–2024 (105 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 23 mo ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 53% of Other Energy peers (2049 compared).
Modeled value ranks above 47% of those peers.
Closest niche peers: Versogen, Inc., Juhl Clean Energy Assets, Inc., UtilityAPI, Inc., Premier Uranium, Inc., Controlled Thermal Resources Holdings Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.