Invest in LIFT Aircraft
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives and Bonuses*
Loyalty Bonus for Previous Investors
20% bonus shares for previous investors
Time-based Perks
First 24 hours | 50% bonus shares
First 72 hours | 40% bonus shares
First 7 days | 30% bonus shares
First 14 days | 20% bonus shares
Day 28-35 | 10% bonus shares for anyone who invests $1,000 or more
Day 60-70 | 5% bonus shares for anyone who invests $1,000 or more
Amount-Based Perks:
Reward flights are transferable as gifts.
$1,000+ | Tier 1
Invest $1,000+ and receive exclusive LIFT investor swag
$2,000+ | Tier 2
Invest $2,000+ and receive 10% bonus shares, free introductory flight at any LIFT Experience Center, exclusive LIFT investor swag .
$2,500+ | Tier 3
Invest $2,500+ and receive 15% bonus shares, free flight at any LIFT Experience Center, exclusive LIFT investor swag.
$5,000+ | Tier 4
Invest $5,000+ and receive 20% bonus shares, 2 free introductory flight sessions, plus exclusive LIFT investor swag.
$10,000+ | Tier 5
Invest $10,000+ and receive 25% bonus shares, 4 free introductory flights, 4 free VIP media package upgrades, 2 invitations to a VIP tour event, plus exclusive LIFT investor swag.
$20,000+ | Tier 6
Invest $20,000+ and receive 30% bonus shares, 10 free introductory flights, 10 VIP media package upgrades, 4 invitations to a VIP tour event, exclusive LIFT investor swag, plus an exclusive LIFT Aircraft flight jacket.
$50,000+ | Tier 7 (Non-bonus share Tier 7 perks limited to 10 investors)
Invest $50,000+ and receive 35% bonus shares, Full day exclusive flight experience including 12 free introductory flights, an exclusive VIP tour and business update by the LIFT management team at a tour location of your choice or permanent Vertiport location in Austin, and 12 free VIP media package upgrades, exclusive LIFT investor swag, plus an exclusive LIFT Aircraft flight jacket.
$100,000+ | Tier 8 (Non-bonus share Tier 8 perks limited to 10 investors)
Invest $100,000+ and receive 50% bonus shares, Full day exclusive flight experience including 12 free introductory flights , An exclusive VIP tour and business update by the LIFT management team at a tour location of your choice or permanent Vertiport location in Austin, and 12 free VIP media package upgrades, exclusive LIFT investor swag, plus an exclusive LIFT Aircraft flight jacket.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Venture Club Bonus
LIFT Aircraft, Inc will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Venture Club.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.82 / share, you will receive 110 shares of Common Stock, meaning you’ll own 110 shares for $282. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor’s eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Venture Club Bonus, and the Loyalty Bonus in addition to the aforementioned bonus
Cancel anytime before 48 hours before a rolling close or the offering end date.
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