Developer and Investor
Risk and Revenue Consultant
Board of Directors Member
Maximum Number of Shares Offered subject to adjustment for bonus shares
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.
Texas Made Sports Development Inc
7713 Wolverine St, Austin, TX 78757
Minimum Investment Amount
Series E Preferred Stock
Minimum Number of Shares Offered
Maximum Number of Shares Offered
Price per Share
*Maximum subject to adjustment for bonus shares. See Bonus info below
The 10% Bonus for StartEngine Shareholders
Texas Made Sports Development, Inc. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 or made at least two investments in StartEngine's own offerings.
StartEngine shareholders who invested $1,000 or more in StartEngine will receive a 10% bonus on this offering. This means you will receive a bonus for any shares you purchase. For example, if you buy 1000 shares of Series E Preferred Stock at $0.31 / share, you will receive 1100 shares of Series E Preferred Stock, meaning you'll own 1100 Shares of Series E Preferred Stock for $310. 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 for one year from the time StartEngine Crowdfunding Inc. investors received their countersigned StartEngine Crowdfunding Inc. subscription agreement.
$500+ Brick, Tile, or other decorative honorarium permanently installed inside Chaparral at iSports with name engraved
$5,000+ 4-pack of unlimited Public Skate or Open Field passes (valid for 1 year), OR 3 hotel nights at local hotel with 3 daily intensive hour-long private Learn to Skate lessons, plus lower tier perks
$10,000+ 100% discount to any spectator event or in-house program for 2 people held at both Chaparral locations (valid for 1 year), plus lower tier perks
$25,000+ One full custom set of sports equipment available for any sport offered at Chaparral available through our Pro Shop, including full embroidery, OR one year of FREE Learn to Skate class enrollment for up to 4 people, plus lower tier perks.
*All perks occur after the offering is completed
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
This morning, the Austin Business Journal reported that Perardi Development in conjunction with Chaparral Ice is working to create a new multi-sport complex in Cedar Park, which will include ice facilities. The iSports Training and Performance Center will be located at the southeast corner of 183A.
Originally started by the Collins family, who wanted to see a place for their children and others in the community to figure skate, new ownership with a hockey background has reinvigorated the local rink and set out a plan to further grow hockey in Austin.
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus. For details on the bonus, please see the Offering Summary section below
Cancel anytime before 48 hours before a rolling close or the offering end date.
How much can I invest?
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.
When will I receive my shares?
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.
What will the return on my investment be?
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
Can I cancel my investment?
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
What is the difference between Regulation Crowdfunding and Regulation A+?
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.