*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives & Bonuses*
Time Based
Early Bird Bonus
Invest within the first two weeks and receive an extra 10% bonus shares
Amount-Based
$420 - signature hatpin of our first keystone location
$710 - Custom Grassroots California Hat exclusive to our crowdfunding rounds
$1,000 - Custom Grassroots California Hat and Hatpin combo
$2,200 - Signature Grassroots California lounge robe, Custom Grassroots California Hat and Hatpin
$5,000 - all $2,200 level perks plus 5-year membership
$10,000 - all $2,200 level perks plus 10-year membership
$25,000 - Lifetime membership plus your name on the wall as a Co-Founder of The 420 Denver, 2 Signature Grassroots California lounge robes, 2 Custom Grassroots California Hats, and 2 Hatpins
* 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 Owners' Bonus
420 Hotels will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
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 Class A Common Stock at $0.18 / share, you will receive 110 shares of Class A Common Stock, meaning you'll own 110 shares for $18. 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 investors' 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 time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and an audience-based bonus of 25% for prior Investors in addition to the aforementioned bonus.
