Note converts to equity when the company raises $1,000,000.00 in qualified equity financing
Maturity Date: 12/31/2019
$10M valuation cap
20% discount rate
4% yearly interest rate
Maximum ($100,000) of Convertible Notes
Minimum ($10,000) of Convertible Notes
|Company||Style Station Inc.|
|Corporate Address||7111 Santa Monica Blvd., Ste B #174|
West Hollywood CA 90046
|Description of Business||Beauty and fashion e-commerce platform|
|Type of Security Offered||Convertible Promissory Note ("Securities")|
|Minimum Investment Amount (per investor)||$250|
What is a Convertible Note?
A convertible note offers you the right to receive shares in The Style Station. The number of shares you will receive in the future will be determined at the next equity round in which The Style Station raises at least $1,000,000.00 in qualified equity financing. The highest conversion price per share is set based on a $10M company valuation cap or if less, then you will receive a 20% discount on the price the new investors are purchasing. You also receive 4% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to either receive your investment and interest back from the company or convert into stock.
$250 — As a "Bronze Investor", If you invest $250, you will receive 10% off your purchases at the Style Station shop for 6 months.
$500 — As a "Silver Investor", If you invest $500, you will receive 15% off your purchases at the Style Station shop for one full year.
$2,500 - As a "Gold Investor", if you invest $2,500 you will receive 20% off purchases at Style Station for one full year, plus exclusive VIP sale offers, invitations to Style Station events and more.
$5,000 - $10,000 — As a "Platinum Investor", if you invest $5,000 to $10,000 you will receive all of the benefits of a Gold Member plus a personal styling appointment with Melissa Meister to plan a week's worth of curated looks.
$10,000 or more — As a "Diamond Investor", if you invest $10,000, you will receive all of the benefits of a Platinum investor (including the personal styling appointment with Melissa Meister) plus 2 tickets to a New York Fashion Week event, VIP invitations to Style Station events, and more.
*All perks occur after the offering is completed
Irregular Use of Proceeds
The Company does not expect to incur any irregular use of proceeds.
Most recent fiscal year-end:
Prior fiscal year-end:
Cash And Cash Equivalents
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.