We are acquiring an established and profitable digital marketing agency with great management team and outstanding creative talent to serve nt only its existing clients, but also clients of SearchCrowdFund.
Our new marketing arm will support entrepreneurs that raise funds for projects publicised on SearchCrowdFund and support their fundraising campaigns with branding and publicity. After funds are secured we will act as their outsourced CMO and marketing department. Our role will be to help entrepreneurs to execute the most effective marketing strategies for customer acquisition and hit their revenue targets to deliver the highest return on investment to their investors.
Negotiations status:
- Company name to be disclosed upon NDA and available with investor deck
- LOI submitted
- Offer accepted
- In due diligence
INVESTOR OPPORTUNITY:
We invite investors that are passionate about scaling start-up ecosystems worldwide and fostering innovation by supporting innovative projects that make difference.
INVESTOR DECK:
Available upon request to accredited investors. Please request it by filling in this form.
Please specify the project ID: 00029: Architecture firm acquisition: Crowdsourced City Design.
UPCOMING ONLINE EVENTS FOR INVESTORS:
Investor presentation and Q&A are scheduled for January 20, 11am. Contact us to register.
OFFERING SUMMARY:
Class B Non-Voting Common Stock
Summary of Terms of Investment
*Company name: _____(to be disclosed to investors registered with SEARCHCrowdFUND)_____
The following summary (“Summary”) outlines the terms of a proposed investment in ___(acquiring company name)___, a Delaware LLC (the “Company”), by certain investors (the “Investors”). No legally binding obligations between the Company and any Investor will be created until definitive agreements are executed and delivered by the Company and the Investor, which agreements, and the Company’s governance documents, shall control in the event of any inconsistency or conflict with the terms of this Summary.
Target Investment:
This offering is for up to $5,000,000 in total investment, for the purpose of described about business acquisition and 1-2 following ones.
Minimum Raise:
The minimum total investment for the closing of escrow and the purchase of stock is $1,000,000 (to fund Search Fund stage 1). After close of the Minimum Raise, the Company intends to close escrow as funds are raised up the Target Investment amount.
Target Closing Date:
The target closing date for this offering is on or March 10, 2020, unless extended in the Company’s sole discretion.
Investors:
Accredited investors who subscribe to a 506(c) offering.
Instrument:
The investment instrument is Series B Non-Voting Common Stock (the “Shares”).
Stock Price:
$1 per Share.
Number of Shares:
7,000,000 total common shares; 5,000,000 shares are available within this offering.
Minimum Investment:
$100,000 per Investor (10,000 Shares).
Dividends:
Payable when and if declared by the Board of Directors. Any dividends will be paid on Common Stock in proportion to the aggregate number of Common Stock shares issued and outstanding.
Voting Rights:
The Shares are non-voting except as otherwise required by applicable law.
Liquidation Preference:
In the event of a liquidation, dissolution or winding up of the Company, the holders of the Shares shall be entitled to receive any distributions available to the holders of Common Stock on a pro rata basis to the holders of the shares of Common Stock.
Restriction on Sale:
The Shares are subject to Market Stand-Off provisions and other restrictions on sale.
Reports:
The Company will, for so long as is required under applicable law, file an annual report on Form C-AR within 120 days after the Company’s fiscal year end and post the report on the Company’s website.
