Trella Technologies LLC
173 Clay Pond Rd., Bourne, MA 02532
Minimum Investment Amount
Convertible Promissory Notes
Type of Equity Converted Into
Class B Units
March 01, 2021
Annual Interest Rate
What is a Convertible Note?
A convertible note offers you the right to receive Class B Units in Trella Technologies LLC. The amount of Class B Units you will receive in the future will be determined at the next equity round in which the Company raises at least $4,070,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $30,000,000.00 Valuation Cap or if less, then you will receive a 20.0% discount on the price the new investors are paying. You also receive 10.0% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive Class B Units equal to your investment and interest back at a price per security determined 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).
*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below
We are seeking to raise a minimum of $10,000 (initial target amount) for fundraising marketing to continue the raise to $107,000. If we reach our offering maximum, we are contemplating increasing the offering maximum to $1,070,000 through Regulation Crowdfunding.
Receive a Trella Technologies sweatshirt or vest, your pick!
You will be invited to visit our research lab in Massachusetts and to meet Team Trella.
(Transportation and accommodation not included).
You will receive a personal invite to a dinner with the founders of Trella Technologies as well as a tour of the research lab in Massachusetts.
Location and time need to be mutually agreed on (Transportation and accommodation not included).
*All perks occur after the offering is completed.
Trella Technologies LLC will offer 10% additional bonus interest for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 in the StartEngine Reg A offering which closed earlier this year.
StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering if they invest within a 24-hour window of their campaign launch date. For example, if invest in the first 24 hours, your annual interest rate will be 11% instead of 10%.
This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.
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
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.