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Invest in Puroast
A Crowdfunding Simple Agreement for Future Equity (Crowdfunding SAFE) offers you the right to receive Undefined security in Puroast. The amount of Undefined security you will receive in the future will be determined at the next equity round in which the Company raises at least $3,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $40,000,000.00 Valuation Cap or if less, then you will receive a 20.00% discount on the price the new investors are paying. You will receive no interest on your investment. When the maturity date is reached, if the Crowdfunding SAFE has not converted then you are entitled to receive Undefined security equal to your investment back at a price per security by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).
*Bonus discount subject to adjustment of bonus discounts for StartEngine SAFE holders. See discount bonus below.
Investment Incentives & Bonuses*
Loyalty Bonus: Existing customers of Puroast Coffee Company will receive a 3% addition to the base discount.
Time-Based Perks
Early Bird 1: Invest $1,000+ within the first 2 weeks and receive a 2% addition to the base discount + a $25 gift card to use on our website.
Early Bird 2: Invest $5,000+ within the first 2 weeks and receive a 3% addition to the base discount + a $50 gift card to use on our website.
Early Bird 3: Invest $10,000+ within the first 2 weeks and receive a 4% addition to the base discount + a $100 gift card to use on our website.
Flash Perk: Invest $2,500+ between days 60 - 65 and receive a 1% addition to the base discount + a $15 gift card to use on our website.
Amount-Based Perks
Tier 1 Perk: Invest $500+ and receive a $25 coffee credit.
Tier 2 Perk: Invest $1,000+ and receive Puroast Custom Travel Mug + $50 coffee credit.
Tier 3 Perk: Invest $2,500+ and receive Puroast Investor Gift Box + $150 coffee credit.
Tier 4 Perk: Invest $5,000+ and receive Puroast Investor Gift Box + $300 coffee credit.
Tier 5 Perk: Invest $10,000+ and Puroast Investor Gift Box + $500 coffee credit + 5% addition to the base discount.
Tier 6 Perk: Invest $25,000+ and Puroast Investor Gift Box + $600 coffee credit + (2) $100 gift+invite to Puroast Coffee Facility StartEngine Puroast Investor Day + 10% addition to the base discount.
Tier 7 Perk: Invest $50,000+ and Puroast Investor Gift Box + $800 coffee credit + (5) $100 gift+invite to Puroast Coffee Facility StartEngine/Puroast Investor Day + 10% addition to the base discount.
*Puroast Investor Box – Travel Coffee Mug, 1 Exclusive Puroast Blends, Puroast T-Shirt/Puroast Hat
*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 discounts 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.
Crowdfunding investments made through a self-directed IRA cannot receive perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those perks because they would be receiving a benefit from their IRA account.
The 10% StartEngine Venture Club Bonus
Puroast Coffee Company, Inc. will offer a 10% additional discount bonus for all investments that are committed by investors that are eligible for the StartEngine Venture Club.
Eligible StartEngine noteholders will receive a 10% bonus discount on the note in this Offering. For example, this would mean your discount percentage would be 30% instead of 20%.
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 the time of offering elapsed (if any). Eligible investors will also receive the Venture Club bonus and the Loyalty Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
Cancel anytime before 48 hours before a rolling close or the offering end date.
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