*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*
Combo/Avid Investor Perk
Invest $1000+ within the first 72 hours and receive 10% bonus shares
Invest $1,000+ within the first two weeks and receive 7% bonus shares
Invest $2,500+ within the first two weeks and receive 10% bonus shares
Invest $5,000+ within the first two weeks and receive 12% bonus shares
Invest $10,000+ within the first two weeks and receive 15% bonus shares
Flash Perk: Invest $5,000+ between December 14-December 21 and receive 10% bonus shares
Flash Perk: Invest $5,000+ between January 11-January 18 and receive 10% bonus shares
Volume-Based Perks
Tier 1 Perk
Invest $500+ and receive a free distillery tour and whiskey tasting for two adults at the Andalusia Tasting Room.
Whiskey costs included. Travel and lodging costs to the distillery are not included.
Tier 2 Perk
Invest $1000+ and receive perks in Tier 1 + have your name engraved as an owner on the Hall of Honor in the Andalusia Tasting Room.
Tier 3 Perk
Invest $2,500+ and receive perks in Tier 1 +2 + a private party for up to 10 adults, which includes a tour of the distillery and your own private event space for a birthday party, anniversary, etc.
4-hour event limit, 2 cocktails per guest included.
Tier 4 Perk
Invest $5,000+ and be a Distiller For a Day at Andalusia Whiskey Co! Experience the whiskey production process alongside our Head Distiller.
Tier 5 Perk
Invest $10,000+ and help select a single barrel of whiskey that will be released to the public. You will get to taste through numerous barrels and take home a case of bottles from the chosen barrel. (6x750mL bottles)
Tier 6 Perk
Invest $50,000+ and receive a private, catered whiskey-paired dinner at the distillery for up to 12 people. Each of your guests will receive a commemorative bottle signed by Andalusia’s founders, Ty Phelps and Tommy Erwin.
Distillery tour, food, 2 cocktails per person included. Travel/lodging costs to the distillery are not included. The date must be negotiated with the catering company.
Loyalty Bonus
Current employees will receive 100% bonus shares.
*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.
Crowdfunding investments made through a self-directed IRA cannot receive perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those perks because they would be receiving a benefit from their IRA account.
The 10% StartEngine Owners' Bonus
Blanco Whiskey Corporation d/b/a Andalusia Whiskey Co. 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 Common Stock at $2.50 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $250. 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 between Avid Investor and Volume-based perks to be determined by the amount invested and time of offering elapsed. Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
