Maximum 320,359 shares of common stock ($1,069,999.06)
Minimum 2,994 shares of common stock ($9,999.96)
|Company||Bright Locker, Inc.|
|Corporate Address||12731 Research Blvd., Suite A102, Austin, TX 78759|
|Description of Business||A social video game platform connecting gamers and game developers together to facilitate community, engagement,discoverability, and crowdfunding.|
|Type of Security Offered||Non-Voting Common Shares|
|Purchase Price of Security Offered||$3.34|
|Minimum Investment Amount (per investor)||$250.50|
All investors get a unique Platform Badge worth +500 XP and the title "BRIGHTLOCKER INVESTOR" on their avatar!
All investors at $2,000 and more get an additional EPIC Platform Badge worth +250 XP and the title "BRIGHTLOCKER EPIC INVESTOR" on their avatar!
In addition, these Perks are offered at each Tier:
$250+ 250 Gold and free premium subscription for 1 month to 1 game developers' channel of your choice
$500+ 500 Gold and a free premium subscription for 2 months to 3 game developers' channels of your choice
$1,000+ 1000 Gold and a free premium subscription for 3 months to 4 game developers' channels of your choice
$2,000+ 2000 Gold and a free premium subscription for 4 months to 5 game developers' channels of your choice
$5,000+ 5000 Gold and a free premium subscription for 6 months to 8 game developers' channels of your choice
$10,000+ Same as $5000 tier plus warrant coverage
$25,000+ Same as $5000 tier plus warrant coverage
$50,000+ Same as $5000 tier plus warrant coverage
$100,000 Same as $5000 tier plus warrant coverage
To receive your Perk of free gold and free subscriptions, you must create an account on the BrightLocker platform using the same email address you use to invest on StartEngine.
On the BrightLocker platform, Gold has a monetary value of $.10 USD. For example, a $500 investor would receive 500 Gold, which is equivalent to $50. Premium subscriptions vary from $9.99 to $14.99 or more, depending on the developer.
Warrant coverage information:
Tiered coverage with warrants to purchase non-voting common stock of the company at a share price equal to this priced round, exercisable for five (5) years from the closing date, is offered to investors. The right to exercise the Warrant shall terminate upon a Liquidity Event. Warrant Coverage is based on the total amount invested by the individual, not the aggregate funds raised by the individual.
Warrant coverage for $10,000 investment: for an investment of $10,000, the company shall warrant 500 additional shares at an exercise price of $3.34 per share.
Warrant coverage for $25,000 investment: for an investment of $25,000, the company shall warrant 1,500 additional shares at an exercise price of $3.34 per share.
Warrant coverage for $50,000 investment: for an investment of $50,000, the company shall warrant 4,000 additional shares at an exercise price of $3.34 per share.
Warrant coverage for $100,000 investment: for an investment of $100,000, the company shall warrant 10,000 additional shares at an exercise price of $3.34 per share.
All Perks occur after the offering ends.
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to employees and contractors; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.