Question 1

What is Chicas Tacos?

Accepted Answer

Chicas Tacos is a Los Angeles-based fast, casual Mexican Restaurant chain founded by Chef Eduardo Ruiz, Chris Blanchard, Jon Blanchard, and Nicolo Rusconi. Chicas honors tradition and brings customers a high-quality food and service experience by serving fresh, delicious Mexican food in a vibrant, homestyle atmosphere. Chicas Tacos has gained widespread popularity across Los Angeles in the few years since its opening in DTLA including being featured in Timeout for one of LA’s Best Fish Tacos as well as winning the Taco de Chef award at Bill Esparza’s renowned Taqueado Fest.

Question 2

How much can I invest?

Accepted Answer

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, they are limited to investing 10% of the greater of the two amounts.

Question 3

How to open a Self-Directed IRA on StartEngine?

Accepted Answer

StartEngine makes it easy to invest using your retirement funds. You can open a self-directed IRA account through StartEngine. To get started, simply visit our IRA page for more information and step-by-step instructions. Already have a self-directed IRA with another provider? You can still invest on StartEngine, but please note that the process will be manual and may take longer to complete.

Question 4

When will I receive my shares?

Accepted Answer

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.

Question 5

What will the return on my investment be?

Accepted Answer

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.

Question 6

Can I cancel my investment?

Accepted Answer

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 cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation 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 be sent back to the account associated with the investment.

Question 7

What is the difference between Regulation Crowdfunding and Regulation A+?

Accepted Answer

Both Title III Regulation Crowdfunding and Title IV Regulation 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, learn about Regulation Crowdfunding, and for Regulation A+, learn about Regulation A+.

Loading investment details

Loading investment details

Home of a Better Taco

Chicas Tacos

Home of a Better Taco

REASONS TO INVEST

ABOUT

HEADQUARTERS

TERMS

Chicas Tacos

Overview

PRICE PER SHARE

$5

DEADLINE

Apr. 29, 2020 at 6:59 AM UTC

VALUATION

$6.03M

FUNDING GOAL

$10K - $1.07M

Breakdown

MIN INVESTMENT

$250

MAX INVESTMENT

$107,000

MIN NUMBER OF SHARES OFFERED

2,000

MAX NUMBER OF SHARES OFFERED

214,000

OFFERING TYPE

Equity

SHARES OFFERED

Common Stock

Company Perks*

Time-Based Perks:

Amount Based Perks:

The 10% Bonus for StartEngine Shareholders

HOW INVESTING WORKS

WHY STARTENGINE?

REWARDS

SECURE

DIVERSE INVESTMENTS

FAQS