Bobacino offering is now closed and is no longer accepting investments.
INVEST IN BOBACINO TODAY!
Automated Boba Bar
$1,345,842.73 Raised
Reasons to Invest
- Cost is aimed to be less than a quarter of what a traditional brick & mortar boba shop costs to open, plus they are small and easily movable from one location to another
- Backed by Wavemaker Labs, a food automation focused venture studio, helping build Piestro and Miso Robotics
- Boba’s global market value of $5.3 billion in 2019 is expected to increase to over $8 billion by 2024 according to a report by iCrowd Newswire
* While the company has signed a quotation agreement to trade the securities offered on StartEngine Secondary’s new alternative trading system (the “ATS”), a company which intends to be quoted on the marketplace will be subject to certain requirements which the company may or may not be able to satisfy in a timely manner. Even if a company is qualified to quote its securities on the market, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
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Overview
The bubbly drink making waves across the globe is now more accessible to the American public
In 1986 at a tea shop in Taiwan, 4 simple ingredients were combined, giving birth to the first boba (source). Boba quickly became a cultural staple throughout Asia and reached the US by the 1990s (source). With increasing popularity across the US in the last decade, its widespread consumption is only expected to grow.
At Bobacino, we saw an opportunity to help small business owners expand their reach by creating a new kind of boba shop that keeps operational costs low, while maintaining a sleek and stylish appearance and producing boba of the highest quality! Introducing Bobacino: an innovative and highly accessible automated boba bar that makes bubble teas that are as pretty as they are delicious!
The photos included are of Bobacino's first functioning prototype and is not currently available on the market
The Problem
We believe Boba shops in the US are more concentrated on the coasts and have high operational costs
Despite worldwide growth and popularity, we believe boba in America is still highly concentrated on the coasts (source), primarily due to the high costs associated with building and operating a physical store. Many end up compromising quality in favor of using cheaper ingredients.
We believe there is still a huge untapped market of boba consumers within the US, and by partnering with boba shops to expand their reach, this puts us at a great advantage for massive market capture!
Based on Managements understanding of the market
The Solution
Bobacino is fully automated to deliver ample quality at a low costGIF
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Bobacino was designed to make high quality boba more accessible to consumers throughout the US by keeping costs low. Inspired by today’s modern world of iconic and viral allure, Bobacino delivers a fun, stylish and interactive experience for the next generation of boba consumers, with the goal of helping to build a community of boba enthusiasts across the US.
Bobacino is not currently in the market and these statements reflect the Company’s strategic goals. The above image is a computer generated rendering
Bobacino helps to provide an alternative, exciting and colorful treat, and moment of escape, beyond the typical specialty coffee experience. And because our stands are fully robotically operated, we are able to help small business owners deliver high quality, affordable drinks with low overhead costs.
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The Market
The US has a huge untapped market for this multibillion dollar industry
After becoming a staple in Asia, Boba quickly hit a global market value of $5.3 billion in 2019 and is expected to increase to $8 billion by 2024 (source).
Based on management’s understanding of the market
According to a report published by iCrowd Newswire on July 7, 2020. See report here
The target market for Bobacino is Gen Z and Millennials, as pods can be stationed in places like college campuses, shopping malls, airports and business parks. With low operating costs, pods can be tested in the market and moved until a sweet spot is found.
Our Traction
Bobacino has already built a fully-functioning prototype!
We have brought to life a new first-of-its-kind boba experience, with creativity, curiosity and accessible luxury as cornerstones of our brand.
Bobacino is a uniquely fun experience and customizable product!
What We Do
Creative and fun, yet simple. Delicious and stylish, yet affordable.
The sleek Bobacino stand features a boba dispenser, taps for teas, milks and sweeteners, an ordering screen for customers to choose their perfect drink, a 6-axis robotic arm, a cup sealer and a pick-up window.
The photos included are of Bobacino's first functioning prototype and is not currently available on the market
Boba Dispenser: Delivers fresh boba pearls
Taps: Serves brewed teas, chilled milk & sweeteners
Ordering Screen: Select a drink & customize it to make it yours
6 Axis Robotic Arm: Your personal, robotic Bobarista
Cup Sealer: Safely seals your drink
Pickup Window: Grab your drink & enjoy
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All that’s needed to operate a shop is a Bobacino machine, one part-time employee to restock ingredients and a smart device!
*Part-time employee needed for restocking ingredients only
The Business Model
Low cost, high quality, and high profitability
Our business model is about keeping operational costs low and quality high. Bobacino units are 16 square feet in size, fully-automated and can be stationed almost anywhere, from college campuses to shopping malls to airports and business parks - we believe this makes Bobacino the perfect partner for boba shops to expand their reach.
While most coffee shops have about 10 employees (source), Bobacino only requires one part-time employee, allowing for much lower operating costs. And while traditional coffee shops have about a 4.2% profit margin (source), we expect Bobacino profit margins to be 31%!
How We Are Different
Everything we love about boba, minus the hassle of running a shop!
By removing the expensive overhead of real estate and labor, Bobacino’s compactly designed Boba machines help existing boba shops bring affordable, high-quality Boba to high-traffic areas.
Bobacino delivers the most value for partners through low startup and operating costs. While opening a traditional sit-down costs $200k-$375 thousand per new location (source), Bobacino only costs $50k. We believe the time to launch a boba shop can take up to one year, whereas Bobacino only takes a week or two. Because our machine is only 16 square feet and fairly easy to transport, the location options are nearly limitless!
The Vision
America’s favorite bubble tea
Our goal is to expand boba consumption in the US by partnering with boba shops to provide an alternative treat & moment of escape beyond the typical specialty coffee experience. We will do so through key partnerships in new channels and geographies, while helping existing shops increase consumer adoption through innovative delivery of customizable drink experiences.
The photos included are of Bobacino's first functioning prototype and is a computer generated rendering not currently available on the market
OUR LEADERSHIP
A tight-knit team of innovators make up the mastermind behind the machine
Bobacino is headed by CEO Darian Ahler, along with a diverse team of four men and women with expertise in engineering and marketing. The Bobacino team consists of three engineers who have worked together to create our finished product: an interactive, stylish, fully-capable, automated boba machine that we can’t wait to introduce to the public!
Why Invest
The future of boba starts with Bobacino
As boba grows in global popularity toward an estimated $8 billion dollar value in 2024, it is time that this fun and classic drink becomes more accessible to the American consumer. We love the excitement of drinking boba, but we also know how expensive it is to run a high quality boba shop. We teamed up to create Bobacino because we believed that there was an easier way to help boba shops build a community of boba enthusiasts and deliver a variety of amazing flavors that would maximize the luxury of the experience while minimizing costs.
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Today, we are proud to say we’ve done it and we can’t wait to debut our fun, stylish and interactive product to the public. Big things are coming and we hope you’ll join us in creating a new paradigm in boba history!
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
WHILE THE COMPANY HAS SIGNED A QUOTATION AGREEMENT TO TRADE THE SECURITIES OFFERED ON STARTENGINE SECONDARY’S NEW ALTERNATIVE TRADING SYSTEM (THE “ATS”), A COMPANY WHICH INTENDS TO BE QUOTED ON THE MARKETPLACE WILL BE SUBJECT TO CERTAIN REQUIREMENTS WHICH THE COMPANY MAY OR MAY NOT BE ABLE TO SATISFY IN A TIMELY MANNER. EVEN IF A COMPANY IS QUALIFIED TO QUOTE ITS SECURITIES ON THE MARKET, THERE IS NO GUARANTEE AN ACTIVE TRADING MARKET FOR THE SECURITIES WILL EVER DEVELOP, OR IF DEVELOPED, BE MAINTAINED. YOU SHOULD ASSUME THAT YOU MAY NOT BE ABLE TO LIQUIDATE YOUR INVESTMENT FOR SOME TIME OR BE ABLE TO PLEDGE THESE SHARES AS COLLATERAL.
ABOUT
HEADQUARTERS
1134 11th Street, Suite 101
Santa Monica, CA 90403
WEBSITE
View Site
The intersection of boba culture and robotic automation, Bobacino is a fully automated boba bar that helps boba shop owners deliver delicious bubble tea to the masses.
TERMS
Bobacino
Overview
PRICE PER SHARE
$2.39
DEADLINE
Oct 30, 2021
VALUATION
$7M
AMOUNT RAISED
$1,345,842.73
Breakdown
MIN INVESTMENT
$250.95
MAX INVESTMENT
$2,999,997
MIN NUMBER OF SHARES OFFERED
10,460
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
1,255,228
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | FUTURE PEARL LABS, INC. |
Corporate Address | : | 1134 11th Street, Suite 101, Santa Monica, CA 90403 |
Offering Minimum | : | $25,871.75 |
Offering Maximum | : | $2,999,997.00 |
Minimum Investment Amount(per investor) | : | $518.63 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 10,825 |
Maximum Number of Shares Offered | : | 1,255,229 |
Price per Share | : | $2.39 |
Pre-Money Valuation | : | $6,995,221.69 |
ALL UPDATES
11.01.21
Campaign Closed! Thank you!
We couldn't be more thrilled with the support from the Bobacino community that enabled us to raise over $1.4M from more than 1,200 investors through Bobacino's Regulation A+ equity crowdfunding campaign. Whether you invested, joined our Tapioca Talks, or just followed our campaign, thank you for being a part of the Bobacino journey!
We have a ton of exciting milestones ahead of us. To make sure you're staying up-to-date on all things Bobacino, make sure to sign up for updates at Bobacino.co
Sign up now to stay up to date!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
10.30.21
4 hours left to invest!
With just 4 hours left to go in our campaign, we want to give you one final reminder before our round closes!
Bobacino is leveraging robotic technology to help boba shop owners deliver delicious bubble tea to the masses and take on a market projected to be valued at $8B by 2024.
Thank you to all the investors who are helping local boba shop owners expand their footprint at a considerably lower cost. We couldn’t embark on this mission without you! By removing the expensive overhead of real estate and labor, Bobacino’s compactly designed Boba machines bring affordable, high-quality Boba to high-traffic areas.
If you haven’t invested yet, make sure to complete your investment as soon as possible! This is your last chance!
To grab a piece of this growing market, invest now by clicking this link!
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.30.21
Momentum is growing! Our round closes in just 8 hours!
It’s been a thrilling couple of hours for the Bobacino campaign! We've seen our campaign's momentum start to pick up some serious speed as we begin to close our round.
So far, we want to give a huge thanks to the 150 investors who have joined us in the last 24 hours, and we are thrilled to receive such outstanding support from the community!
The window is closing to invest in Bobacino, so make sure to grab your shares while you still can. Our round closes in just 8 hours!
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.29.21
Last Day to Invest!
Today is the last day of Bobacino’s Regulation A+ offering on StartEngine. We are incredibly excited with how the round has gone and want to make sure we carry the momentum forward for a strong close with the help of our investors. Be sure to invest now while this offering is still available!
With the boba market expected to grow to over $8 billion in the next three years, Bobacino is ready to help boba shops across the country expand quickly and easily to take advantage of it.
There’s just 12 hours left in our campaign, so make sure to invest before our round closes at midnight pacific!
Invest in Bobacino while you still can!
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.29.21
Final Investor Webinar with the CEO + Last Day to Invest!
Today is the final day of Bobacino’s Reg A+ offering on StartEngine! We're excited about the progress we’ve made during this round and are looking forward to a strong close backed by a community of enthusiastic investors and boba lovers!
Bobacino is leveraging robotic technology to help boba shop owners deliver delicious boba tea to the masses. By lowering the retail and the labor costs, shop owners will be able to expand their footprint to all-new locations with little stress!
Make sure to invest before we’ve finished this round of fundraising by clicking the link below.
Join our final live investor webinar with Bobacino CEO Darian Ahler and Chief Boba Officer and Strategic Advisor Stacey Kwong at 10 AM PT (1PM ET). Sign up now!
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.28.21
We’ve passed $1M!
We are so excited to announce that the Bobacino Reg A+ crowdfunding campaign on StartEngine has now raised over $1M from more than 730 investors! Make sure to invest now as this offering ends on Friday, October 29.
Purchase your shares of Bobacino now!
Bobacino is using automation to help boba tea become a low-cost option across the country. Without the need for a large staff or a full retail space, opening a new boba shop becomes easy and affordable.
Want to learn more before you invest? We have a live investor webinar and Q&A this week with Bobacino CEO Darian Ahler and Chief Boba Officer and Strategic Advisor Stacey Kwong at 10 AM PT (1 PM ET) on Friday, October 29th. Attendance is free, but space is limited. Sign up today!
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.28.21
A Quick Word from Our CEO!
Hello, and thank you for your interest in Bobacino! As CEO, I'm excited to tell you more about our unique investment opportunity and see if you have any questions for me.
Bobacino is a next-generation robotic boba bar that serves delicious bubble tea in just a few minutes. Bobacino allows boba shop owners to leverage robotic technology to deliver fresh tea to the masses!
We're helping boba shop owners address two problems: expensive labor and high real estate costs. Because Bobacino pods are fully autonomous and have a small footprint, they can be up and running in just one to two weeks. We have estimated Bobacino startup costs to be just a fraction of the traditional cost to get boba shops up and running. We're truly introducing a new economic paradigm for local boba shops!
After becoming a staple in Asia, Boba quickly hit a global market value of $4 billion and is expected to increase to over $8B by 2024. The drink has become extremely popular in the United States, but we've noticed that most of the shops are concentrated on the coasts, primarily due to the high costs of opening new stores. Bobacino is ready to take advantage of this projected growth and give boba shop owners the tools to expand their footprint dramatically.
With our unique prototype and business model, we’re prepared to take on the exponentially growing bubble tea market and follow the growing demand for the drink.
Now is your chance to own a piece of Bobacino by grabbing your equity shares before our round closes on October 29th!
If you have any questions before you invest, make sure to join our last investor webinar. I will be joined by Chief Boba Officer and Strategic Advisor Stacey Kwong to answer any questions you may have. The webinar will take place tomorrow, October 29th at 10 AM PT (1 PM ET). Sign up with this link before seats fill up!
Sincerely,
Darian Ahler
CEO of Bobacino
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.27.21
Less than 72 hours left to invest! Bobacino’s press coverage!
Our campaign is coming to a close in just 72 hours, and we want to make sure you have a chance to invest in Bobacino while you still can! One of our favorite parts about this round was seeing the excitement and enthusiasm for Bobacino from our community. We want to thank you for following our campaign, whether you are an investor, a potential customer, or someone who just loves Boba and robots (who doesn't!?).
Today we wanted to bring you a roundup of all the recent press we've received. From news segments to articles about our current partnerships, the positive coverage we've seen is incredible!
Let's look at some of the press highlights:
Hospitality Technology - “Contactless transactions are here to stay, and demand for low-touch, easily accessible beverage options remains high; the [PopID] partnership will offer consumers the ability to pay with their face at the beverage retailer’s automated boba locations and on mobile devices.”
– Anna Wolfe, Hospitality Technology
The Spoon - "If having a boba drink made by a robot wasn’t futuristic enough for you, soon you will be able to pay for that bubble tea with your face."
-- Michael Wolf, The Spoon
Bobacino on KTLA! - We hosted KTLA’s tech report Rich Demuro for an exclusive demo of Bobacino. In this “Rich on Tech'' segment, we got to showcase our fully robotic boba cafe. Check out the segment to watch our prototype in action!
Fast Casual - "The makers of Bobacino, a robotic machine designed to dispense boba tea, an Asian beverage projected to jump from $5.3 billion to $8.7 billion globally by 2024, are betting on an automated kiosk that prepares and serves the refreshment in 16-ounce cups."
-- Elliot Maras, Fast Casual
We love to see that so much of the industry is excited about something we're passionate about! If you're pondering an investment in these last 72 hours but have a few questions, make sure to join our FINAL INVESTOR WEBINAR Friday at 10 AM PT (1pm ET)! CEO Darian Ahler will be joined by Chief Boba Officer and Strategic Advisor Stacey Kwong for a Q&A! Click the link below to sign up, space is filling up fast.
10.26.21
Bobacino expands reach of local business owners!
We're based in Santa Monica, CA, so we’re lucky enough to have multiple delicious boba shops just a block or two away! However, we noticed that the same concentration of shops that are on the coasts wasn't available inland. We believe this is due to the high retail and labor costs prohibiting Boba shop owners from opening new locations in untapped markets. A new shop can cost anywhere from ~$200k - ~$375k and may take up to 12 months to open! This is a significant risk operators must face when choosing their next location.
Bobacino makes it easy! A new Bobacino pod costs just a fraction of the traditional opening prices and can be up and running in just 1-2 weeks! Bobacino's design also allows for easy relocation. If operators see a better location for Bobacino to be stationed, the small, 16 sqft pod allows for easy mobility and deployment in high-traffic locations. Not to mention, the reduced cost to open means operators can expand their footprint by opening more than one Bobacino!
Many boba shops in the US are family operated, and Bobacino is here to help local business owners expand their reach with lower risk and higher profit margins.
We love working in such a unique industry, and we hope you get the chance to grab a piece of the growth! Invest in Bobacino today, and make sure to join our upcoming webinar for any questions you may have!
We’re hosting a live investor Q&A with Bobacino’s CEO Darian Ahler joined by Stacey Kwong, Chief Boba Officer and Strategic Advisor. Make sure to join us on Friday, Oct 29th at 10AM PT, 1PM ET! Sign up here before space fills up!
Our offering closes on October 29th, so get your equity shares today!
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.22.21
Offering Closes in One Week! Top Reasons to Invest in Bobacino!
We're closing in on the final week of our crowdfunding opportunity on StartEngine! So far, we're thrilled with the excitement and passion we've seen for Bobacino, and we're looking forward to a strong close. With just a few more days to go before we close, we wanted to bring you the Top 3 Reasons to Invest in Bobacino!
Rapidly Growing Market - After quickly becoming a staple drink in Asia, Boba quickly hit a global market value of over $4B and is expected to increase to over $8B by 2024! Despite the worldwide popularity, we think that Boba in America is heavily concentrated on the coasts, primarily due to the high costs of building and operating a physical store. Bobacino allows Boba shop operators to expand into these untapped regions with the reduced labor and retail footprint costs of running a machine. We're thrilled to be adding new growth potentials to an already hot market!
Partnerships and Advisors - When we started to develop Bobacino, we knew we needed to tap the expert knowledge of industry professionals to make a perfect product for the customer. We were thrilled to bring on Milk + T's co-founder, Stacey Kwong, as our Chief Boba Officer and strategic advisor! This year, we also announced our partnership with PopID, a contactless payment solution we plan to integrate directly into our machines. This partnership will provide customers with a genuinely efficient and safe experience when purchasing a drink. These partnerships will ensure the success of Bobacino as we go to market.
A New Way for Boba Shops to Operate - Individual Boba shops are at the heart of the success we've seen for bringing this delicious drink to the United States. By offering a new way to sell their drinks with drastically lower operating costs, these shops can expand their business to new untapped markets without being bogged down by high retail and labor costs.
These are just some of the reasons to get excited for Bobacino. To learn more, we will be hosting a final live investor webinar on our last day, October 29th at 10AM PT. Join Bobacino's CEO Darian Ahler and Chief Boba Officer Stacey Kwong to chat about the future of Bobacino and the US market. Are you pondering investing but still have a few questions? Please bring them to the webinar for a Q&A session. Click this link to sign up; spots are filling up fast!
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
REWARDS
$250
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$1,000
First Live Tier
$1,000+ investment = 5% bonus shares
$2,000
Second Live Tier
$2,000+ investment = 10% bonus shares
$5,000
Third Live Tier
$5,000+ investment = 15% bonus shares
$10,000
Fourth Live Tier
$10,000+ investment = 20% bonus shares
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
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SECURE
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
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Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
