Company	:	Capsaicin Holdings, Inc.
Corporate Address	:	1111 Brickell Ave, Suite 2000, Miami, FL 33131
Offering Minimum	:	$9,998.10
Offering Maximum	:	$999,996.30
Minimum Investment Amount (per investor)	:	$248.40

Terms

Offering Type	:	Equity
Security Name	:	Common Stock
Minimum Number of Shares Offered	:	1,449
Maximum Number of Shares Offered	:	144,927
Price per Share	:	$6.90
Pre-Money Valuation	:	$8,337,187.20

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Investor shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Investor’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Investor, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Investor pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Investor is an individual, will survive the death, incompetency and disability of the Investor and, so long as the Investor is an entity, will survive the merger or reorganization of the Investor or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Time-Based Perks

First Week - Friends & Family 30% Bonus Shares.

Next 2 days - Friends & Family 20% Bonus Shares.

Next 4 days - Early Bird 10% Bonus Shares.

Next 2 days - Early Bird 5% Bonus Shares

Amount-Based Perks

$500+

Set of Sandinista branded bandana and stickers (Unique to Investors)

$1,000+

Sandinista T-Shirt with logo design, Sandinista embroidered hat.

$5,000+

2 Sandinista engraved sipping glasses.

$10,000+

5% bonus shares.

$20,000+

7% bonus shares + 1 dedicated Tasting Event with the Owner and Sandinista team with fellow $20K+ investors at one of our partner lounges. Plus 1 guest allowed.

$75,000+

10% bonus shares + cocktail-making class with one of our mixologists/bartenders. Flights & hotel are included and will be booked by the Sandinista team.

$100,000+

15% bonus shares + Trip to Mexico with fellow $100K investors and Sandinista owner team to meet with our Master Distiller. Flights & hotel are included and will be booked by the Sandinista team.

*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.

**All levels include non-bonus share perks from lower levels.

The 10% StartEngine Owners’ Bonus

Sandinista, Inc. 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 $6.90/ share, you will receive and own 110 shares of Common Stock for $690.

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 only receive a single bonus, which will be the highest bonus rate they are eligible for.

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.