*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 Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’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 Subscriber, (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 Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber 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.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Bird
Invest within the first 72 hours and receive 20% bonus shares
Super Early Bird
Invest within the first week and receive 15% bonus shares
Early Bird
Invest within the first two weeks and receive a 10% bonus shares
Amount-Based:
Copper Coyote | $500+
Invest $500+ and receive a 10% discount for life (only applies to full price items), access to Investor club, a $100 gift card, and a Official Shareholder Certificate.
Bronze Bear | $1000+
Invest $1,000+ and receive 15% discount for life (only applies to full price items), access to Investor club, a $200 gift card, and a Official Shareholder Certificate.
Silver Fox | $2,500+
Invest $2,500+ and receive 5% bonus shares + 25% discount for life (only applies to full price items), access to Investor club, a $300 gift card, and a Official Shareholder Certificate.
Gold Lion | $5,000+
Invest $5,000+ and receive 10% bonus shares + 30% discount for life (only applies to full price items), access to Investor club, and a $500 gift card.
Platinum Wolf | $10,000+
Invest $10,000+ and receive 15% bonus shares + 35% discount for life, access to Investor Club, a $1000 gift card, Time with Founders, and a Customized Product (product style must currently be sold online).
Palladium Panther | $25,000+
Invest $25,000+ and receive 20% bonus shares + 40% discount for life (only applies to full price items), Platinum Investor club, Direct contact with owners, Time with founders, $2500 gift card, and a Customized Product (product style must currently be sold online).
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Spirit Hoods 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 $2.00 / share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $200. 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.
