Invest in Octonic VR | StartEngine

CLOSED

Invest in Octonic VR

Give Your Treadmill Journey A Destination

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

Octonic VR

Overview

PRICE PER SHARE

$2.07

DEADLINE

Sep. 7, 2023 at 6:59 AM UTC

VALUATION

$19.74M

FUNDING GOAL

$15K - $1.23M

Breakdown

MIN INVESTMENT

$103.50

MAX INVESTMENT

$1,234,999.26

MIN NUMBER OF SHARES OFFERED

7,246

MAX NUMBER OF SHARES OFFERED

596,618

OFFERING TYPE

Equity

SHARES OFFERED

Class C Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

Most Recent Fiscal Year-End

Prior Fiscal Year-End

Total Assets

$21,556

$398,878

Cash & Cash Equivalents

$10,868

$385,711

Accounts Receivable

Short-Term Debt

$138,603

$11,121

Long-Term Debt

$560,964

$592,760

Revenue & Sales

$2,778

$7,522

Costs of Goods Sold

Taxes Paid

Net Income

-$473,009

-$329,503

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 & Bonuses*

Time-Based Perks

Loyalty Bonus - Add Registered on TTWs

10% bonus shares

24 Hours Early Bird Bonus - Earn 30% Bonus Shares!

Invest $103+ within the first 24 hours and receive 30% bonus shares

48 Hours Bonus - Earn 25% Bonus Shares!

Invest $103+ within the first 48 hours and receive 25% bonus shares

72 Hours Bonus - Earn 20% Bonus Shares!

Invest $103+ within the first 72 hours and receive 20% bonus shares

1st Week Bonus - Earn 15% Bonus Shares!

Invest $103+ within 7 days and receive 15% bonus shares

2 Weeks Bonus - Earn 8% Bonus Shares!

Invest $103+ within 14 days and receive 8% bonus shares

1st Month Bonus - Earn 2% Bonus Shares!

Invest $103+ within 30 days and receive 2% bonus shares

Amount-Based or Volume-Based Perks

Supporter $100+

Octonic 3-month subscription ($60 value)

Enthusiast $250+

2% Bonus Shares + Octonic 6-month subscription ($120 value)

Regular $500+

4% Bonus Shares + Octonic 1-year subscription ($240 value) + 5% Meta Quest rebate + 5% NoblePro (EU) or Horizon (World) treadmill discount

Expert $1,000+

6% Bonus Shares + Octonic 2-year subscription ($480 value) + 10% Meta Quest rebate + 10% NoblePro (EU) or Horizon (World) treadmill discount

Pro $2,500+

8% Bonus Shares + Octonic lifetime subscription (over $1,000 value) + 10% Meta Quest rebate + 10% NoblePro (EU) or Horizon (World) treadmill discount

Beta $5,000+

10% Bonus Shares + Octonic lifetime subscription (over $1,000 value) + 15% Meta Quest rebate + 15% NoblePro (EU) or Horizon (World) treadmill discount + Invitation to Octonic’s Beta testing program

VIP $10,000+

12% Bonus Shares + Octonic lifetime subscription (over $1,000 value) + 20% Meta Quest rebate + 20% NoblePro (EU) or Horizon (World) treadmill discount + Invitation to Octonic’s Beta testing program + VIP access to future company events

Advocate $20,000+

15% Bonus Shares + Octonic lifetime subscription (over $1,000 value) + 25% Meta Quest rebate + 25% NoblePro (EU) or Horizon (World) treadmill discount + Invitation to Octonic’s Beta testing program + Featured on our website as one of our supporters

Elite $50,000+

20% Bonus Shares + Octonic lifetime subscription (over $1,000 value) + 30% Meta Quest rebate + 30% NoblePro (EU) or Horizon (World) treadmill discount + Optional Perks For Your Business (Logos in rotation in-game, Video placements, Paid advertising campaign, Sponsored influencer collaboration)

*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.

The 10% StartEngine Owners' Bonus

VR Simulations, Inc. (dba "Octonic") 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 Class C Common Stock at $2.07 / share, you will receive 110 shares of Class C Common Stock, meaning you'll own 110 shares for $207. 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.

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.

HOW INVESTING WORKS

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

WHY STARTENGINE?

REWARDS

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