Invest in New Sapience

CLOSED

Synthetic Intelligence: An Alternative Approach to AI

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

REASONS TO INVEST

ABOUT

HEADQUARTERS

TERMS

New Sapience

Overview

PRICE PER SHARE

$3.25

DEADLINE

Oct. 3, 2023 at 6:59 AM UTC

VALUATION

$74.94M

FUNDING GOAL

$10K - $1.24M

Breakdown

MIN INVESTMENT

$260

MAX INVESTMENT

$1,235,000

MIN NUMBER OF SHARES OFFERED

3,076

MAX NUMBER OF SHARES OFFERED

380,000

OFFERING TYPE

Equity

SHARES OFFERED

Class B Non-Voting Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

SEC Recent Filing

Offering Memorandum

Financials

Most Recent Fiscal Year-End

Prior Fiscal Year-End

Total Assets

$59,473

$12,994

Cash & Cash Equivalents

$58,390

$3,386

Accounts Receivable

$1,083

$9,608

Short-Term Debt

$538,663

$539,686

Long-Term Debt

$246,303

$115,613

Revenue & Sales

Costs of Goods Sold

$182,180

$212,638

Taxes Paid

Net Income

-$187,527

-$170,806

Risks

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.

*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Time-Based

First 5 Days | Invest within the first 5 days and receive 15% bonus shares

Super Early Bird - Next 72 hours | 10% bonus shares

Early Bird Bonus - Next 7 days | 5% bonus shares

Amount-Based

Tier 1 Perk - ($500 + 5% bonus shares)

Tier 2 Perk - ($1,000 + 10% bonus shares)

Tier 3 Perk - ($5,000 + 15% bonus shares)

Tier 4 Perk - ($50,000 + 20% bonus shares)

Tier 5 Perk - ($100,000 + 25% bonus shares)

Tier 6 Perk - ($500,000 + 30% bonus shares)

The 10% StartEngine Owners' Bonus

New Sapience 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 $3.25 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $325. 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 among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

*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.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative. Inter company debt or back payments.

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

Your info is your info. We take pride in keeping it that way!

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FAQS

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